Created in 2008, Avexia Voyages has developed a strong commercial relationship with numerous SME-SMIs, offering them a comprehensive range of services enabling them to organise their employees’ business travel under the best possible conditions.

The company had already been issuing its customer invoices electronically for 3 years when, last spring, it decided to begin a consultation process for an overall project covering 400,000 customer invoices. There were several objectives: to benefit from the services of a recognised professional in the sector, to be able to integrate the tax-compliant e-invoicing portal with the Avexia Voyages multi-services portal and personalize it, and finally, most importantly, to be able to benefit from strong support from Accelya’s teams.

Accelya was chosen as the new service provider. Julien Chambert, Director of Infrastructure, Systems and Management Control at Avexia Voyages, explains: “Firstly, Accelya had a good understanding of our technical demands for the integration of electronic invoicing into our professional portal, and secondly, it correctly evaluated our needs in the customer-supplier relationship. We were also impressed by the ergonomy of the Clear’ Invoice platform, its ease of use and reliability”. He continues: “Accelya will also enable us to develop our Client Area with several new functionalities. Innovation is a very important criterion for Avexia Voyages, and for the services it offers its customers”.

The project was set up in four months, from June to September 2011, despite the fact that it was the summer period. “We appreciated Accelya’s ability to complete this project with very tight deadlines, and to keep its promises. Their teams proved to be very responsive and committed, which are very important and highly appreciated points for Avexia Voyages and its customers”. “Through this new offer, customers now benefit from direct and easy access to their invoices, all from their personal Customer Area. More services are offered, our users save time, and that’s without mentioning that customers who are currently still using a paper system will benefit from a real financial gain: the management costs of issuing e-invoices are markedly lower than those for the paper versions”, says Julien Chambert.

Avexia Voyages currently issues about 400,000 invoices per year, of which 54%, i.e. 216,000 invoices, are paperless. The objective is to increase this to 75%, i.e. 300,000 invoices, in 2012. “We also hope to rapidly develop synergies with some of our suppliers or service providers who are also connected to the platform, with a view to setting up e-invoicing throughout the entire invoice chain: from the client side, as it has just been done, to the purchasing side, eventually, for our suppliers”, Mr. Chambert concludes.

About Avexia Voyages
Created in May 2008, Avexia Voyages is the business travel specialist for SMEs/SMIs. It helps and supports SMEs/SMIs to optimise their travel policy by offering them a range of services which cater for the specific aspects and constraints of smalland medium-sized businesses, whilst guaranteeing a real quality of service. With over 5,000 customers, Avexia Voyages is a leading integrated network on the business travel market in France, and the premier group in the SME/SMI sector. With a turnover in 2010 of €105 million, Avexia Voyages has 140 employees in several regional locations.
Avexia Voyages is a member of the American Express partner network and a subsidiary of the Italian group UVET.

For more information: www.avexia.fr

This article is from E-invoicing Platform. Read the original post at: AVEXIA Voyages chooses ACCELYA for its customer e-invoicing project.

About Proquro
Purchase Proquro software allows you to achieve a professional purchase policy. Get more control over your purchasing process, a clear insight into all purchase contracts and extensive possibilities to control your procurement process.

Proquro offers support for purchase orders until the settlement of the invoices. Simplifying the entire procurement cycle makes it both straightforward and manageable, thus reducing both the direct procurement costs as well as the handling costs for your organization.
http://www.proquro.nl

About the Dutch Payment Group
Since 2006 The Dutch Payment Group, provides low-threshold online escrow and payment services. Late 2008, the company finished thrid in an innovation contents leaving even PayPal and Multisafepay behind.

Unlike traditional payment service providers (PSP’ers) the Dutch Payment Group facilitates peer-to-peer services in both the B2C as well as the C2C segment, an international novum. When doing payments, Dutch Payment Group acts as an intermediary for payments. This provides benefits for buyers and sellers/merchants by our role as an independent third-party.

http://www.dutchpaymentgroup.com

About the EEI Platform
The EEI Platform provides discussion and guidance on full-scale adoption of electronic invoicing (e-invoicing, e-billing, invoice processing, invoice automation, EDI) by corporates, governments, SME’s and freelancers. With a focus on: trends, business models, processes, technology, and legal issues.

The EEI Platform is part of the E-invoicing Trust Foundation. The E-invoicing Trust Foundation focuses on durable adoption of e-invoicing. The E-invoicing Trust Foundation currently facilitates:

• E-invoicing Platform (also known as the EEI Platform),
• E-invoicing Trend Map (coming soon)
• E-invoicing Toolbox
• E-invoicing Checklist
• E-invoicing Newsletter
• E-invoicing Linkedin Group

This article is from E-invoicing Platform. Read the original post at: Proquro and Dutch Payments Group extend the EEI Platform.

In addition to the role of an e-invoicing service provider, Tieto acts as a SWIFT Service Bureau and is thus able to provide SWIFT connectivity to any interested corporate customer – for both Cash management and trade finance services.

Within the financial services industry, Nordea is the forerunner of providing e-invoicing services to corporate users.  Nordea and Tieto have a long lasting co-operation in e-invoicing services and this new connection opens remarkable new possibilities and strengthens their services to their customers.

André Casterman, Head of Cash, Trade and Supply Chain, SWIFT, states:” We believe a true four-corner model based on open standards is the only viable way forward. It is important that corporates can work with their chosen e-invoicing provider, and then the providers create interoperability. The first users of our solution for e-invoicing demonstrate that SWIFT can bridge banks and non-bank e-invoicing service providers across the borders. With the ISO 20022 Financial invoice standard e-invoices also connect to payments and financing services”.

Masood Arai, Nordic Head of Payment and Collection Services, Nordea, emphasizes the importance of joining forces. “This is a remarkable milestone in e-invoicing as it shows what can be achieved via true cooperation and the possibilities in terms of e-invoicing customer offerings. The main goal of reaching for new opportunities is to enable better customer services and create great customer experiences.”

Tapani Turunen, responsible for e-invoicing product area in Tieto, regards this clear evidence of the well-established and true interoperability based on international standards. “We see this new opportunity a real advantage for internationally operating corporates. E-invoicing based on existing global and secure network and international message standard builds good foundation for e-invoicing fast deployment.”

www.tieto.com

This article is from E-invoicing Platform. Read the original post at: Tieto to provide e-invoicing service over SWIFT.

This article is from E-invoicing Platform. Read the original post at: HCL Technologies in partnership with Basware.

Fundtech’s branded version called Online Expenses will be offered to its current customer base of more than 2,000 direct corporate clients, as well as future customers. As part of the partnership arrangement, WebExpenses will promote Fundtech as their preferred supplier of electronic invoicing presentment and payment (EIPP) services.

Available as Software as a Service (SaaS), Online Expenses is a quick and easy solution to setup and use without the need to install new software. It gives organisations the flexibility to easily revise their expenses policies and reinforce them as frequently as needed. Easy-to-use reporting and analysis tools provide better visibility and control for managers and auditors, which have the ability to reduce fraud. Improvements can also be made on country-by-country tax compliance and client recharging.

For employees/claimants, expenses can be submitted quickly using an intuitive web interface or populated directly from a credit card statement. The system also supports receipt attachments and SMS, iPhone and Blackberry applications are also available. Online Expenses includes mileage verification tools that enable business travelers to calculate their carbon footprint by using up-to-date carbon and environmental data at the point of entry.

“There is a natural synergy between Fundtech and WebExpenses and we are delighted to announce our partnership,” said Richard Cogswell, Sales & Marketing Director for Fundtech. “Just like our Accountis EIPP product line, Online Expenses offers businesses of any size the ability to replace slow, inaccurate paper processes with an automated and accurate process that is a greener alternative. At a time when all organisations are looking to lower operational costs, Online Expenses provides a way to save time and money.”

Sanjay Parekh, Managing Director of WebExpenses commented: “Our partnership with Fundtech is a significant development for WebExpenses and a great endorsement of the value and benefits of our services. WebExpenses already serves a range of businesses and industries, predominantly in the UK, and this partnership will dramatically increase our current global reach through Fundtech’s substantial and eminent client base.”

www.fundtech.com

This article is from E-invoicing Platform. Read the original post at: Fundtech partners with WebExpenses to deliver expense management SaaS.

Tieto and B2Boost, an integration service provider based in Belgium, have established a partnership that will enable the extended exchange of electronic supply chain documents between the companies’ customers and their business partners.

The interoperability solution is based on the ISO20022 e-invoice standard, the Universal Financial Industry Message Scheme. This standard will make international e-invoicing simpler and more effective by improving the content quality and reducing user costs.

Tieto offers businesses a standardized and ISO20022-compliant e-invoicing service capable of both sending and receiving invoices. Existing e-invoicing customers do not need to change their operations; the e-invoicing service will automatically perform any conversions required by the ISO20022 e-invoicing standard.

“It is my pleasure to announce our partnership with B2Boost. This partnership is allowing extended reach for customers who are active in the Benelux countries, especially in the telecom and retail industries”, says Tapani Turunen, Development Director, Tieto, Value Networks. “Tieto considers it important to apply and support the use of ISO20022 e-invoice standard. It forms a solid foundation for digitalizing business transactions in international partnerships”.

“Through our partnership with Tieto, B2Boost significantly enhances its customer connectivity, providing easy and rapid access to many new trading partners across Europe”, says Lynn Nicholson, Business Development Director, B2Boost. “We believe strongly that interoperability and standardization initiatives such as ISO20022 are the future of business integration and are proud to contribute to this open network model through our partnership with Tieto.”

www.tieto.com
www.b2boost.com

This article is from E-invoicing Platform. Read the original post at: Tieto and B2Boost to utilize ISO20022 e-invoice standard.

The world’s most recognizable technology companies were also attracted to OB10 because of their ability to quickly and efficiently enroll suppliers into the OB10 Network; leveraging multilingual support and service centers in North America, Europe and Asia Pacific and benefiting from the company’s complete in-house, end-to-end implementation and management services.

Technology companies that have chosen OB10 as their e-Invoicing solution provider include some of the world’s most recognizable brands and represent the following:

• The #1, #6 and #11 computer and office equipment companies in the world
• The #1 IT services company in the world
• The #2 network and technology company in the world
• The #2 computer software company in the world
• The #9 and #12 electronics and electrical equipment companies in the world
• The world’s leading search engine company

Not only do top technology companies accept electronic invoices from their suppliers, many leading technology companies are submitting invoices electronically to their customers via the OB10 Network. Those companies include the #1 and #2 computer peripheral companies, 4 out of the top 5 computer software companies, 7 out of the top 8 semiconductor companies and the #1, #2 and #3 telecommunications companies in the U.S.

“We have a significant presence in the technology field because our customers see first-hand the value we offer in allowing their suppliers from around the world to quickly and efficiently submit accurate invoice data in a way that drives efficiency in accounts payable,” said Peter Watson, Senior Vice President, OB10. “Because we save our customers time and money, and our advanced technology meets their stringent requirements, we have been able to make a significant impact in this segment and are currently working on signing more technology customers.”

In addition to the efficiency and cost savings realized, the positive impact on the environment can’t be ignored. The nearly 2 million invoices being annually processed by the world’s top technology companies through the OB10 Network translate to an annual savings of:

• 6 million sheets of paper
• 700 trees
• 74 barrels of oil
• 152,000 KW of energy
• 2,224 pounds of air pollution.

Every year, technology companies and their suppliers transacting on the OB10 Network save enough trees to fill a small park approximately 4 to 5 acres in size. Add to that the number of trees being saved by companies in other sectors, such as pharmaceuticals, food and beverage, and manufacturing, and OB10′s collective impact on the environment is significant.

“Each of our customers in the technology segment has an ongoing environmental initiative,” said Watson. “The OB10 e-Invoicing solution compliments their efforts and allows them to have an even greater positive impact on the environment.”

To learn more about OB10 and see a partial list of customers, click here [http://ob10.com/Country/US/Customer_Case_Studies

LinkedIn: http://www.linkedin.com/company/22101
Twitter: http://twitter.com/#!/OB10eInvoicing
Facebook: http://on.fb.me/i6JoZr

About OB10
OB10 (http://www.OB10.com) is the leading global B2B e-Invoicing network. OB10 simplifies and streamlines the complex invoice-to-pay processes. Neither client organizations nor their suppliers are required to implement any hardware or software, and OB10 is independent of data file formats. OB10 can reduce the cost of paper invoice processing by typically 60 percent and can deliver an ROI in less than a year if the program follows OB10′s best practice guidelines. Operational across Europe, North America and Asia, OB10 is compliant with the requirements of VAT, tax and e-Invoicing legislation and receives invoices from suppliers in 137 countries. To ensure unrivalled and rapid supplier enrollment, each new customer’s suppliers are supported by an implementation services team responsible for getting them up and running on the OB10 network.

This article is from E-invoicing Platform. Read the original post at: Leading technology companies chooses OB10 to streamline AP processes.

Stefan Foryszewski, SVP Business and Product Development, OB10, commented: “We are delighted that Virgin Atlantic has chosen our global e-Invoicing solution. Not only will they benefit from tax compliant invoice receipt, but its suppliers will benefit from our enhanced service offering. This will lead to greater efficiencies in the invoice to pay process as well as providing substantial environmental benefits by removing the need for paper processing.”

Another key feature of the OB10 Service includes OBactive, OB10’s best practice supplier enrolment. With the global scope of Virgin Atlantic, it is vital that suppliers can be enrolled and supported in their local language. OB10 boasts a strong multinational team which communicates in their language and understands the way local businesses operate; creating a global, uncomplicated support network.

Andrew Walker, Head of Procurement, Virgin Atlantic, commented: “It is an ongoing objective to make our business leaner, more efficient and environmentally responsible. We use a vast number of different suppliers, large and small, so the ability to deliver and pay invoices quickly and accurately using OB10’s network is invaluable to the invoice to pay process. Furthermore, the vast reduction in paper invoices that this will create is a very positive by-product of adopting OB10’s e-Invoicing solution and a hugely substantial benefit to the environment”.

www.ob10.com

This article is from E-invoicing Platform. Read the original post at: Virgin Atlantic adopts OB10’s global e-Invoicing solution.

The application automates the collection, pricing and invoicing processes of events. It significantly enhances Basware’s operations in an environment where the volume of transmitted documents is in the tens, even hundreds of millions per month for tens of thousands of different organisations. In addition to processing efficiency, the application offers advantageous pricing, discount and product packaging solutions for Basware’s services.

Experience
“We chose the Qvantel solution because Qvantel has years of experience in the collection of large event masses as well as pricing and billing in the telecom business. Qvantel offers Basware a centralised, effective and globally scalable application, with which we can ensure controlled growth of our business,” commented Baseware General Manager Esa Tihila.

“Basware is the market leader in electronic processing and automation of businesses’ financial processes. Cooperation with Basware is an excellent start to the wider offering of Qvantel’s core competencies on a growing market,” says Qvantel Oy Chairman of the Board of Directors Ilkka Aura.

“Qvantel has specialised in handling large amounts of events with small economic value cost-effectively and accurately. We believe that electronic documents replace paper printouts at an ever accelerating pace, and that the market for automation of businesses’ financial processes will be growing by tens of percents annually in the coming years,” Aura says.

Qvantel Group
The Qvantel Group is a 150-person strong international information technology services company. Qvantel offers demanding, business-critical IT consulting services and business support systems those are easily implemented and cost effective. Customers include TDC Nordic, TeliaSonera Group, Elisa Group, Finnet Group as well as Academica Oy, Ericsson AB and ST Ericsson AB. Qvantel has customers in Finland, Sweden, Norway, Estonia, Spain and Indonesia. The privately owned Qvantel Group has offices in Espoo and Jyvaskyla in Finland, Malmo in Sweden, Singapore, as well as Hyderabad and Bangalore in India.

More information about Qvantel Oy’s services is available at http://www.qvantel.com.

Basware Oy
Basware develops successful solutions for electronic processing of procurements, purchase invoices, travel expenses, online billing and financial management. More than one million users utilise Basware products for automation of financial processes. Basware Oyj was founded in 1985 and its shares are listed on the Helsinki Stock Exchange.

More information about Basware Oy’s services is available at http://www.basware.fi.

Source: Basware & Qvantel

This article is from E-invoicing Platform. Read the original post at: Qvantel sets up billing platform for Basware e-Invoicing business.

Basware was awarded this recognition because of its innovative leadership in invoice automation, procurement and global commerce connectivity solutions that improve supplier and buyer relationships and promote electronic document exchange around the world, through one of the world’s largest open networks for e-invoice and purchase message transactions. Its innovative Connectivity Services cut transaction and processing costs in half, while eliminating paper-based invoices and streamlining invoice processing.  Basware has also expanded its offerings to reach the small-to-medium-sized businesses, in addition to its traditional enterprise customers.

We’re honored to be included again this year in Global Finance’s annual ranking of the best treasury and cash management providers,” said Ari Salonen, Basware’s general manager, North America.  “The award recognizes our commitment to helping companies around the world achieve improved global commerce and gain real-time visibility and control of finances.”

Basware’s innovative purchase-to-pay solutions are based on more than 20 years of technology expertise and incorporate the best practices of all of its customers. Its products enable companies to address issues, such as establishing financial practices to support global commerce and address multiple currencies and languages; managing and strengthening supplier relationships and reducing supplier risk; effectively managing spend, cash flow and working capital; complying with industry regulations worldwide; enforcing green policies and corporate values; and extracting key financial data from disparate ERPs and back-end systems.

“In recognition of the growing role of treasury technology providers, both bank and non-bank, we have selected Best Treasury Management Systems & Services providers across 12 categories,” said Global Finance publisher Joseph D. Giarraputo. “In today’s competitive global economic environment, treasurers need the best tools and advice available to make capital work harder than ever. Our awards identify the banks and providers of products and services that consistently improve transaction processes to speed collections and reduce risks.”
Global Finance editors, with input from industry analysts, corporate executives and technology experts, selected the best providers of treasury and cash management services. A variety of subjective and objective criteria were used for choosing the winners. Factors considered included: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management banks have successfully differentiated themselves from their competitors around core treasury and cash management service provision.

This article is from E-invoicing Platform. Read the original post at: Global Finance names Basware best E-Invoice Presentation & Payment Provider.

Connection

TIE provides the connection between MediusFlow, the back office  applications and the outside world. TIE has over 20 years of experience in this area and has translated its knowledge into products and services.
Jan Sundelin, CEO of TIE: “The strategic partnership enables TIE to take the step from an E-invoicing solution to a total business solution for all invoices, which digitizes, monitors and exports the data from both paper and EDI invoices.

As a result thereof MediusFlow provides the customer with increased profitability, control and flexibility. Initially TIE will focus on the sales and marketing of MediusFlow in local markets. Nonetheless, both parties
are driven to expand the relationship both geographically as well as scope wise. The fact that both TIE and Medius are worldwide players, provides excellent prospects for the future and the partnership. The fact that the European Commission focuses on making einvoicing the norm across the EU by 2020, also provides a fruitful basis for the partnership.”

Per Nordling, CEO of Medius: “We welcome TIE as a strategic partner and we look forward to collaborate and to expand the partnership. The offering this partnership brings to the market has real business value to customers and is a world class end-to-end offering, which is based on TIE’s innovative communication technology and Medius’ robust workflow engine and world leading purchase-to-pay solution.”

Profile Medius

Medius develops and delivers MediusFlow, a web-based workflow platform that enables companies to quickly and easily automate, improve and optimize business processes. MediusFlow has a world-leading solution for Purchase-to-Pay, which enables companies to highly automate their accounts payable processes by taking control over all purchases, automating invoice registration & accounting, matching on line level and efficiently route
exceptions through the organization. MediusFlow includes a range of high quality ERP independent solutions for supporting business processes that are beyond the reach of most ERP and business systems.
Medius couples MediusFlow solutions with professional services that provide our extensive experience in successfully helping companies to implement and integrate MediusFlow with their existing business systems quickly. Medius operates globally via its own presence and its extensive partner network. Visit http://www.medius-group.com/ for more information.

Profile TIE

TIE (NYSE Euronext: TIE Holding) delivers innovative web centric, software based solutions that enable all trading partners in the supply chain to work seamlessly together on the major E-commerce processes of marketing, sales and fulfillment. With its TIE Kinetix concept, it provides a Total Integrated E-commerce process, embracing three innovative platforms for Business Integration (including e-invoicing, XML/EDI data synchronization),
Content Syndication and E-commerce. The Total Integrated E-commerce solutions minimize the energy needed for a transaction lifecycle throughout the supply chain giving organizations the advantage to reduce cost and maximize revenue and profit. TIE has more than two decades of experience in developing and implementing global E-commerce standards. TIE is a listed company with offices in the United States, Australia, France and the Netherlands.
Further information:
TIE Holding N.V.
Jan Sundelin, CEO
Antareslaan 22-24
2132 JE Hoofddorp
The Netherlands
T: +31-20-658 93 33
F: +31-20-658 90 01
E: info@TIEHolding.com
W: www.TIEHolding.com

This article is from E-invoicing Platform. Read the original post at: TIE and Medius announce strategic partnership.

Latest release of business-to-business commerce platform enables more buyers and suppliers to connect and collaborate more quickly and efficiently

Each year, over 340,000 buyers and suppliers use Ariba^® Network to connect and transact more than $160 billion in business. And now they can do it faster and better than ever. Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions, today announced the availability of Ariba Network (AN) 49, the latest version of its industry-leading business-to-business commerce platform. Embedded with powerful new features designed to automate the trading partner enablement process, the release allows buyers and suppliers to quickly connect, more effectively collaborate and ultimately, enhance their relationships and the results that they deliver.

“Finding the right trading partners can be hard. Connecting with them can be even harder,” said Jason Kurtz, Vice President, Network and Financial Solutions, Ariba. “AN49 simplifies these tasks by providing companies with a robust set of tools they can use to discover and connect with global suppliers and key business partners in a truly collaborative manner.”

Collaboration: The New Strategic Capability

Companies used to focus exclusively on internal activities and trust that their business would run itself. But those days are long gone. In today’s global economy, it’s all about being connected, efficient and informed across enterprises.

Connected to commerce networks that facilitate collaboration and alignment around key business processes. Efficient by automating key commerce activities to drive greater efficiency and productivity. Informed by participating in communities that deliver market insights and best practices to fuel optimal performance and decisions. With AN49, companies can achieve all three.

Connected

Leveraging enhanced enablement tools embedded within the release, buying organizations can connect suppliers to the Ariba Network in a matter of minutes and achieve quicker value with suppliers who are already enabled. And selling organizations can expand enablement to new trading relationships and increase satisfaction with existing customers.

“In today’s uncertain economy, our business needs can quickly change and it is critical that we have tools and processes in place to respond to them,” said Chris Uriarte, Sourcing Manager, Stage Stores. “The Ariba Network is a unique platform through which we can connect to the right partners in the right places at the right time to achieve our goals, and we currently use it to manage the majority of our sourcing. Having so many qualified vendors at our fingertips has proven invaluable to our business, driving lower costs and operating efficiencies that have positively impacted our bottom line.”

Efficient

With AN49, trading partner enablement is completely automated. So buyers and sellers can eliminate manual tracking tools such as spreadsheets or offline databases and the costs and inefficiencies associated with them. And they can collaborate more efficiently to reduce the cost of invoice and payment processing, increase visibility and control of cash flow, mitigate supply-chain risk and manage cash better.

Informed

In the connected economy, it’s not about the information within an organization, but the intelligence generated through networks. With AN49, there is a direct link from the Ariba Network to Ariba Exchange, an online community of peers and thought leaders where buyers and sellers can gather to share insights and best practices. In addition, new information portals enable buyers to capture supplier questions at registration and post answers in the form of additional content and reference files that can be accessed by the entire supply base.

“Ariba has helped us to transform our business,” said Kevin Govin, CEO, MarkMaster. “Through the Ariba Network, we have created a robust online sales channel that has allowed us to expand our base of new customers by 65 percent and grow our overall business 20 percent year-over-year.”

Get on Board

More than 400 of the companies in the Fortune 500 use the Ariba Network. Over 325,000 selling organizations in 130 countries use it too. Each year, these buyers and sellers transact more than $160 billion in business. They process 20 million in purchase orders and 13 million in invoices. And they send and receive access to 5 million new leads. Want a piece of the action? Visit www.ariba.com/go/network today and get on board.

About Ariba, Inc.

Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba combines industry-leading technology with the world’s largest web-based trading community to help companies discover, connect and collaborate with a global network of partners – all in a cloud-based environment. Using the Ariba^® Commerce Cloud, businesses of all sizes can buy, sell and manage cash more efficiently and effectively. Over 340,000 companies around the globe use the Ariba Commerce Cloud to simplify inter-enterprise commerce and enhance results. Why not join them? To get on the path to Better Commerce visit: www.ariba.com/commercecloud/

This article is from E-invoicing Platform. Read the original post at: Ariba Network grows bigger and better.

“Basware Invoice Automation solution together with scan and capture and e-invoicing services remarkably  improve the efficiency of organisations and generate savings. We are happy that our solutions are suitable to all industries and companies of different sizes”, says Ilkka Sihvo, CEO Basware Corporation.

Basware Invoice Automation (IA) uses automatic, business-rule based matching to minimize the need for time-consuming, repetitive invoice-handling tasks and enable efficient management of exceptions. Basware Invoice Automation optimizes process performance in financial departments and business units, enabling your organization to focus on creating added value for your customers.

For more information, please contact
CEO Ilkka Sihvo, Basware Corporation,
Tel. +358 9 8791 7251 or +358 40 501 8251

This article is from E-invoicing Platform. Read the original post at: Finnish building industry supplier chooses Basware.

The certificate means Tieto’s services are officially recognized in Russia, which opens the door to interchange networks as well as better partner connectivity for its global and local customers.

The Russian economy is expected to rapidly adopt the use of efficient e-trade and e-invoicing services as well as to increase its usage of effective B2B electronic communications.

Tapani Turunen, director at Tieto, said: “ECR certification is an important achievement for Tieto in supporting its customers in the Russian market. It increases our visibility and improves our networking with other qualified service providers.” Mr Turunen is responsible for the e-trade product area offered by Tieto’s Value Networks, a unit which specializes in B2B integration services.

ECR is a joint trade and industry body working towards improving the responsiveness of the FMCG and retail sectors to consumer demand and promoting the removal of unnecessary costs from the supply chain. http://ecr-all.org/

For further information, please contact:
Tapani Turunen, director, Tieto Value Networks, tel. +358 400 725 958, tapani.turunen@tieto.com
Inga Major, Business Development Director, e-invoicing, B2B, tel. +7 916 700 57 26, inga.major@tieto.com

This article is from E-invoicing Platform. Read the original post at: Tieto receives certification for Russian market.

Without that understanding, you could expose your company to expensive fines and penalties.

So, please join us for a free webinar with Christiaan van der Valk, CEO of TrustWeaver. He’s an expert on global e-invoicing, and he’ll be discussing how cloud-based technologies can extend your ERP or legacy financial system for e-invoicing on a global scale. By attending, you’ll learn how you can:

• Ensure that your invoice process follows digital signature rules, and accurately records VAT
  and other taxes
• Simplify e-invoice archival
• Lower your tax risk and make tax audits faster
• Reduce the time and expense associated with relying on tax specialists and legal counsel
  to ensure compliance

Efficient invoicing and payment is the lifeblood of global commerce. Don’t miss this webinar. Register today.

Webinar * NEW
January 20, 2011
11a.m. EDT / 4 p.m. GMT

Speaker:
Christiaan van der Valk, CEO of TrustWeaver, is an expert on global e-invoicing. He serves as a trusted advisor to leading companies and international organizations on e-business strategy, as well as legal, policy, best practice, and commercial issues.

This article is from E-invoicing Platform. Read the original post at: Ready, Set, Go Global with e-Invoicing.

Delhaize is gradually phasing out the use of paper supplier invoices. By the end of 2012 the Belgian supermarket chain will only accept dematerialised invoices. We are on hand to help and assist Delhaize suppliers in switching to electronic invoicing.

For quite some time now Delhaize has been exchanging electronic order forms (ORDERS messages), despatch advices (DESADV messages) and invoices (INVOIC messages) with its suppliers. With the dematerialised invoice Delhaize is now going a step further in optimising its internal processes while reducing its paper use.

To Delhaize suppliers as well, dematerialisation of invoices offers great benefits:

• less paper, cartridge, archiving material costs …
• shorter processing times
• less manual work
• reduced risk of errors

In case of dematerialisation, a paper version of the invoice no longer has any probative value. The only legally valid invoice is the electronic document, provided that the authenticity of its origin and the integrity of its content are guaranteed. The Certipost platform fully complies with this condition.

We help you
Are you a Delhaize supplier and do you wish to switch to paperless invoicing with Delhaize? We are on hand to provide all the necessary support. Make an appointment with a Certipost expert by sending an email to sales@certipost.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

This article is from E-invoicing Platform. Read the original post at: Switch to paperless invoicing with Delhaize.

OnGuard Netherlands BV and AcceptEmail BV have signed a strategic partnership agreement. Part of the cooperation is a generic link between OnGuards’ credit management software and AcceptEmails’ e-Billing & e-Dunning solution. This allows companies from 2011 on to facilitate more efficient and user-friendly payments and reminders for their customers.

Innovations in credit management
Digital payment methods such as iDEAL are already widely used in Credit Management. Oddly enough, many organizations still send by ordinary post. AcceptEmail is a new way of paying bills and reminders via email. It combines the power and reach of email as a channel with the speed and convenience of Internet payments. By linking with OnGuard credit management software, companies can create and send AcceptEmails in any stage of their invoice-to-cash process directly out of the OnGuard application.

Edwin Merk, Commercial Director of OnGuard: OnGuard is very involved in the further development of the credit management market. In our role as market leader, we encourage further innovation in credit management and we gladly work with parties with innovative solutions. AcceptEmail is such a party. Through our collaboration, our customers’ collection policy becomes more efficient and customer friendly which will contribute positively to the outstanding receivables balance.

Peter Kwakernaak, CEO AcceptEmail: “We are honored and excited about the integration and cooperation with OnGuard, a longstanding name in credit management. The current economic climate requests from companies to optimize their collection process with a balanced use of channels, but at the same time to retain their customers. Email definitely has a role in this. Integration with OnGuard also strengthens our position as a market standard for billing, reminding and paying via email.

About AcceptEmail
AcceptEmail combines the power of email with the ease of Internet banking in a complete, safe and accessible SAAS solution. The service of AcceptEmail, which can be used throughout Europe, is now used by more than 85 companies and institutions, including T-Mobile, Nuon, Ziggo, Cordaid, neckermann.com, KPN, AB Inbev, Overtoom and many others. More information is available at www.acceptemail.com.

About OnGuard
OnGuard is market leader in the development and implementation of credit and collections management software. Its mission is to provide customers with the best possible software and service, achieving measurable financial and efficiency benefits. OnGuard serves more than 850 clients in 30 countries with software solutions and supplementary services, which enable them to produce an efficient and successful credit and collections policy. In the development of innovative products OnGuard uses proven successful technology; hereby the requirements and desires of the user are key. In short: credit management solutions that take you a step further. OnGuard: Taking credit management to the next level. More information is available at www.onguard.com.

This article is from E-invoicing Platform. Read the original post at: OnGuard and AcceptEmail join forces.

ReadSoft partner Ricoh Netherlands is a supplier of IT and document solutions. Thanks to the key role played by Ricoh in the rapid development of the global office, the company has in only twenty years, become the market leader in sustainable document solutions.

With 108,500 employees and offices in over 50 countries, the Ricoh Group currently has one of the largest sales and service networks in the industry.

To learn more about the partnership between Ricoh and ReadSoft, we had a chat with Theo van Zalen, Business Manager Managed Services at Ricoh Netherlands. Theo has been with Ricoh for almost 15 years and has been a key enabler of the company’s success. In his current role, Theo is responsible for all solution selling with a focus on establishing strong, successful partnerships to further develop the business.

For how long have Ricoh and ReadSoft been partners?
We have been partners for many years. In the beginning we worked together with the ReadSoft head office in Sweden, which was the start of a good relationship. In 2008, ReadSoft established a Benelux subsidiary, and since then we’ve been working with the local team, which is easier because we’re closer to each other and speak the same language, so now our relationship with ReadSoft is even stronger.

What types of deals do you do together?
The deals we do together with ReadSoft typically involve automation of invoice processing (with and without ERP integrations), Human Resources document processing, case management, etc. The ReadSoft products we work with are DOCUMENTS, INVOICES, FORMS, INVOICE COCKPIT and INVOICEIT.

What’s it like to work with ReadSoft?
Our relationship is based on trust, a strong network on all levels and the ability to make each other successful. A partnership needs time to mature and develop, you need to keep investing and you need the right people to understand and lead the way.

What are your partnership plans for the future?
Ricoh will keep focusing on a selection of strong partner relationships, of which ReadSoft is one. We choose to partner with companies that complement Ricoh on multiple levels to achieve a combination of best-in-class, high-value solutions. Examples of such combinations are Ricoh-ReadSoft-CTAC and Ricoh-ReadSoft-4apps Group. To further build these relationships has a very strong focus within Ricoh.

www.ricoh.nl

This article is from E-invoicing Platform. Read the original post at: Ricoh and ReadSoft offer best-in-class solutions.

A leading international biotechnology company has selected ReadSoft’s SAP-certified

This global company specializes in the development and sales of therapeutic products for patients with chronic and life-threatening diseases. After deploying SAP over a year ago, the company sought an invoice processing solution to eliminate paper shuffling between the company’s headquarters, research and development office, and operating subsidiaries across North America.

The organization’s AP associates typically assemble packets of information for each invoice with supporting documentation, then route the material throughout the company for approval. As invoice packets travel around the company’s three locations, cycle times lengthened and visibility into the approval status was minimal. To reduce the costs and delays associated with manual processing and routing, the company decided to adopt ReadSoft’s invoice processing solution to identify the documents and data. The organization also wanted ReadSoft’s integrated workflow processes to handle invoice approvals and exceptions.

Along with its ability to improve invoice processing cycle times, visibility and control, ReadSoft’s invoice processing solution was selected due to its tight integration with SAP, which created a minimal learning curve for AP personnel. To increase invoice processing flexibility and efficiency further, the company also invested in ReadSoft’s MOBILE APPROVAL solution which allows employees to access and approve invoices via smart phone.

“Even today, organizations are suffering from the painful setbacks of manual processing while struggling to face the demands of future growth,” comments Jan Andersson, President and CEO at ReadSoft. “We are excited about the opportunity to work closely with this organization to deliver more efficient invoice processing in their SAP environment and better position them for future growth and success.”

www.readsoft.com

This article is from E-invoicing Platform. Read the original post at: ReadSoft signs invoice processing agreement worth 305,000 USD.

“At Synopsys, we help our customers gain a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk,” said Rob Genco, vice president, operations, Synopsys. “Using the Ariba Commerce Cloud, we improve our advantage by creating a best-practice process for sourcing goods and services that enables us to optimize our cost structure and performance.”

Synopsys will leverage a comprehensive range of Ariba’s solutions to gain a clear view into its spend, negotiate and drive compliance with best-value agreements, and streamline order, invoice and payment processes. Among the solutions the company will implement: Ariba^® Sourcing™, Ariba Contract Management™, Ariba Contract Compliance™, Ariba Invoice™, Ariba Invoice Automation™, Ariba PO Automation™, Ariba Buyer™, Ariba Analysis™ and Ariba E-forms™.

Synopsys has been using Ariba as its platform for spend management since 2006.

“Synopsys has established itself as a global leader in a highly competitive market by quickly responding to changing business conditions and customer needs,” said John Starr, vice president, Ariba Global Services Organization. “By moving to Ariba’s on-demand platform, Synopsys can quickly access new technology and capabilities as needed to control costs, minimize risk and improve profits on an ongoing basis.”

About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba enables more efficient and effective buying, selling, and cash management by combining industry-leading software as a service (SaaS) commerce technology with the world’s largest web-based global trading community and expert capabilities and services to augment internal resources and skills – all as a flexible, cloud-based service. The Ariba^® Commerce Cloud™ delivers everything needed to control costs, increase sales, minimize risk, and enhance cash flow and operations. More than 300,000 companies, including over 80 percent of the Fortune 100, use Ariba’s solutions to drive more efficient and effective inter-enterprise commerce. Why not join them? For more information on Ariba commerce solutions and the results they deliver, visit www.ariba.com.

This article is from E-invoicing Platform. Read the original post at: Synopsys goes on demand with Ariba.

“The divestment of our sourcing services and BPO services assets is a very positive step in the evolution of Ariba that puts us one step closer to our goal of becoming a network company with on-demand solutions,” said Kevin Costello, President, Ariba.

Originally announced on October 6, the acquisition gives Accenture ownership of Ariba’s category expertise, sourcing process expertise and strategic sourcing execution resources. Ariba has retained its sourcing technology and the resources within its Global Services organization that are dedicated to software implementation, enablement and adoption. Ariba will continue to provide customers with services that help them maximize their use of Ariba’s solutions and the results that they deliver.

Updated Financial Outlook for the Divestment

Ariba had previously estimated the contribution to fiscal year 2011 of the divested business to be approximately $40M and $0.07 in Non-GAAP revenue and EPS respectively. Based on these numbers, the Company is updating its previously provided guidance to reflect the close of the divested business.

For fiscal year 2011, Ariba now expects total revenues to be approximately $347 million +/- $5 million. The subscription software and maintenance revenue outlook remains unchanged at $266.5 million to $270.5 million. The services revenue outlook is now expected to be $78.5 million +/- $5 million. Accordingly, Non-GAAP EPS is now expected to be in the range of $0.77 to $0.81, and cash flow from operations before lease loss and restructuring charges at $84 million +/- $5 million.

For the first quarter of fiscal year 2011, Ariba now expects total revenues to be approximately $86 million +/- $1 million. The subscription software and maintenance revenue outlook remains unchanged at approximately $64.5 million. The services revenue outlook is now expected to be $21.5 million +/- $1 million. Accordingly, Non-GAAP EPS is now expected to be $0.16 to $0.18.

About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba combines industry-leading technology to optimize the complete commerce lifecycle with the world’s largest web-based community to discover, connect and collaborate with a global network of trading partners, delivering everything needed to control costs, minimize risk, improve profits and enhance cash flow and operations – all in a cloud-based environment. Whether you’re buying, selling or managing cash, you can do it more efficiently and effectively in the Ariba® Commerce Cloud. Over 325,000 companies, including more than 90 percent of the Fortune 100, use Ariba’s solutions to drive more efficient inter-enterprise commerce. Why not join them? For more information on Ariba commerce solutions and the results they deliver, visit www.ariba.com.

This article is from E-invoicing Platform. Read the original post at: Ariba completes sale of sourcing and outsourcing services to Accenture.

Recognizing this, Nordea, a leading European bank, is expanding its use of solutions from Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions.

Under the terms of a newly signed agreement, Nordea will leverage Ariba^® Spend Visibility^™, Ariba Supplier Information Management^™ and Ariba Supplier Performance Management^™ to more effectively manage its spend and trading relationships. The company already uses Ariba Sourcing^™ and Ariba Contract Management^™ to negotiate and drive compliance with best-value agreements across its operations.

Ariba Spend Visibility will be used to identify opportunities for savings. To discover, assess, and on board new supply partners, ensure their information is accurate and up-to-date and continually measure and improve their performance, Nordea will use Ariba Supplier Information Management. And to evaluate its supply base from a 360-degree perspective and programmatically drive corrective action to ensure the highest level of supplier performance and compliance, it will leverage Ariba Supplier Performance Management.

Delivered on-demand in the Ariba Commerce Cloud – the most efficient and effective platform for collaborative global commerce – Ariba’s solutions will quickly deliver results, as they require no software, infrastructure or trading partner integration to manage.

“There are many things companies can do internally to improve their bottom line, but to fuel growth, they must take an external view,” said Mike Arenth, General Manager, EMEA, Ariba. “With Ariba’s solutions in place, Nordea can execute a truly collaborative commerce process through which it can reduce its costs and risk and improve performance and profits.”

About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba enables more efficient and effective buying, selling, and cash management by combining industry-leading software as a service (SaaS) commerce technology with the world’s largest web-based global trading community and expert capabilities and services to augment internal resources and skills – all as a flexible, cloud-based service. The Ariba^® Commerce Cloud™ delivers everything needed to control costs, increase sales, minimize risk, and enhance cash flow and operations. More than 300,000 companies, including over 80 percent of the Fortune 100, use Ariba’s solutions to drive more efficient and effective inter-enterprise commerce. Why not join them? For more information on Ariba commerce solutions and the results they deliver, visit www.ariba.com.

This article is from E-invoicing Platform. Read the original post at: Ariba supports Nordea in tackling cost and risk.

Basware said that the new InvoiceReady solution could provide immediate benefits for businesses seeking to control and simplify unruly and resource heavy invoice and expense processing. Delivered as a service, InvoiceReady is intended to help companies avoid errors, reduce lengthy approval processes and eliminate wasted hours spent on repetitive tasks, the solution provider said.

The solution incorporates Basware’s invoice automation expertise into one workflow solution with the goal of giving small and midsize companies the tools to implement best practice processes within their finance departments. The service provides auditable paperless trails, both before and after payment, giving detailed visibility of spend commitments as well as ensuring compliance with local and international finance regulations, according to Basware.

Research among global accounts payable staff earlier this year found invoice scanning and data entry considered to be the most time consuming and error prone elements of invoice processing, and 60 percent of finance professionals think automation is a reliable method for removing payment and accounting errors from the business.

Basware said that the kinds of processing benefits that InvoiceReady can provide for finance and management professionals from day one of service implementation would include invoice scanning services, data migration, real-time workflow tracking, travel and expense management and a fully auditable archiving service, all available on a per transaction price.

“There is a strong understanding within finance departments of the link between automation, accuracy and efficiency,” said Esa Tihil ä, senior vice president of connectivity services at Basware. “For years our technology and thorough knowledge of invoice automation best practices has helped some of the world’s largest organizations to achieve these benefits, along with the logical time and cost savings. With InvoiceReady we are now extending that same capability to small and medium-sized businesses as a pre-packaged, easy-to-use, on-demand service to help them transition invoice processing from a burden to a value, by improving visibility into their organizations’ cash flow.”

Monika Lukinmaa, head of accounting with Basware customer F-Secure, said that InvoiceReady has enabled her company to to maintain a full and complete audit trail through the electronic archive, ensuring easy verification about who has done what and when. “InvoiceReady’s processing system provides clarity and eliminates overlapping tasks, which has saved valuable time for our business units and employees.”

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware provides new Accounts Payable solution.

This article is from E-invoicing Platform. Read the original post at: Virgin Media move to e-invoicing with Basware Connectivity Services.

“We witnessed perhaps the greatest concentration of e-invoicing knowledge in the United States at the OB10 client user conference,” said Henry Ijams, managing director for PayStream Advisors. “The interaction and collaboration provided an opportunity for OB10 clients to share best practices, learn about new services and make recommendations. At the end of the day, this commonality is what helps perpetuate the rapid growth of the OB10 Network.”

In addition to the recent event, OB10 hosts a number of on-line and in-person forums throughout the world which allow its members to learn more about OB10 enhancements and interact with other customers transacting on the global e-Invoicing network.

About OB10
OB10 (http://www.OB10.com) is the leading global B2B e-Invoicing network. OB10 simplifies and streamlines the complex invoice-to-pay processes. Neither client organizations nor their suppliers are required to implement any hardware or software, and OB10 is independent of data file formats. OB10 can reduce the cost of paper invoice processing by typically 60 percent and can deliver an ROI in less than a year if the program follows OB10’s best practice guidelines. Operational across Europe, North America and Asia, OB10 is compliant with the requirements of VAT, tax and e-Invoicing legislation and receives invoices from suppliers in 137 countries. To ensure unrivalled and rapid supplier enrollment, each new customer’s suppliers are supported by an implementation services team responsible for getting them up and running on the OB10 network.

This article is from E-invoicing Platform. Read the original post at: OB10 in the US: greatest concentration of e-Invoicing knowledge.

New partners include First Businesspost in Germany; Unified Post in the Netherlands; and Inovis, part of the world’s largest e-commerce company GXS in the UK and the U.S. The Basware Open Network, which connects buyers and suppliers by forming interoperability agreements with local and global e-invoicing partners, has to date supported more than nine-million global transactions in 2010.

The Basware Open Network’s support of multiple data formats ensures that any supplier, buyer or third-party vendor can join, regardless of whether proprietary technologies are in place or not. This uniquely open model addresses the pitfalls associated with other highly fragmented industry offerings, where every buyer uses a different standard and data format – and where even a modestly sized business cannot hope to meet the requirements of every one of their customers.

Through the Basware Open Network, e-invoices and purchase messages can flow smoothly from any supplier to any buyer through any provider of e-invoicing services – all via a hub designed specifically to overcome this fragmentation issue. Interoperability agreements now exist between Basware and more than 100 of the 500 operators, with many more scheduled to be added throughout the rest of 2010 and 2011.

“The key to realizing the full benefits of e-invoicing is the ability for organizations to transact globally with ease and efficiency,” said John Webster, VP Global Product Marketing at Basware. “Buyer and supplier organizations need to choose their e-invoicing network provider carefully, as traditional e-invoicing network models have focused on enforcing connections within their own closed networks, often optimized only for specific regions or industries and typically supporting only proprietary document formats.”

“This traditional closed model exacerbates the fragmented landscape and can expose locked-in companies to arbitrary and enforced price increases. To combat this, and also mitigate the risk of significant fee increases, Basware enables suppliers to connect to the Basware Open Network either directly or through existing local operators. The Open Network automatically processes e-invoices to the buying organization regardless of its own operator, location or document format standards,” Webster added.

“Our Open Network is truly global, and we now have more than 100 out of 500 operators connected around the world,” said Ari Salonen, general manager, Basware North America. “It is fully interoperable – all of these operators have worked with us to ensure that their own networks can share data smoothly with ours. By supporting more than 50 data formats, we ensure that buyers and suppliers have as much flexibility as they need. Our unique approach is transforming a highly fragmented global industry by removing the final barriers to global adoption of e-invoicing, and providing the key enabler for large organizations looking to reap the benefits of e-invoicing. Through our Open Network, suppliers and buyers can co-exist in harmony and no longer have to navigate their way around a multitude of closed networks and standards.”

For more information on Basware e-invoicing solutions, visit http://www.basware.com.

This article is from E-invoicing Platform. Read the original post at: Basware reaches milestone of 100 global partners.

Based on KPMG’s research, Ariba has been found to have a fully compliant solution for Slovakia and a compliant cross border solution for Slovenia.

Domestic trade does however have to be carried out in Slovenian in Slovenia and the Ariba Network does not support Slovenian yet.

With Slovakia added to the list, Ariba has been found to have a compliant solution in 33 countries globally.

.

www.ariba.com

This article is from E-invoicing Platform. Read the original post at: Ariba compliant in 33 countries for e-invoicing.

As a featured presenter on the October 21 webinar: “Extend Your ERP for Better Supply Chain Collaboration,” Belinda Cordina of Nalco Procurement: Compliance, Systems, and Processes, discussed the problems from not being able to access order status in real time. “Lack of visibility starts with the PO,” said Cordina. “Five percent of our POs were not being received and we were in the dark with shipment information.”

With no automation, Nalco had a customer service team of seven people calling third-party drop shippers to check on order status. These distributors would bill Nalco once they received an order; upon receipt of the distributor invoice, Nalco would bill its customers. Lost and delayed orders meant that Nalco could not bill its customers in a timely manner, and that contributed to extensions in Days Sales Outstanding (DSO). Often, Nalco would not know about a delayed order until a customer called about it. “We faced so many challenges around order visibility that we began looking at ways to connect electronically,” said Cordina.

Nalco chose Ariba because so many vendors were connected to the Ariba Network. Through the Ariba Network, Nalco can manage delivery of POs and PO change orders and receipt of order confirmations, advance ship notices, and invoices electronically.

By replacing a manual effort with a business network that improves collaboration with business partners and customers, Nalco has improved customer service and now can send out customer invoices at the same time a product ships. “This is one of the main reasons that we wanted to connect vendors to the Ariba Network,” said Cordina.

The first wave of enablement targeted sensitive distributors that were quick to place credit holds on Nalco when orders were delayed. “They were all for it,” said Cordina. “The system gave them visibility when they would be paid and improved our payment terms.”

Nalco communicated a strong message to their business partners to drive adoption. For those that resisted, a simple follow up call explaining the value was enough. “Once on the Ariba Network, they see the benefits,” said Cordina, adding that in many cases, theses companies would see that many of their customers and suppliers were also active on the Ariba Network.

To access the webinar recording, click here.

www.ariba.com

This article is from E-invoicing Platform. Read the original post at: Ariba: a Customer Story.

Based on an extensive survey of industry professionals, the eighth annual 100 Great Supply Chain Partners feature is the result of a six-month online poll in which supply chain professionals were asked to nominate vendors and service providers whose solutions have made a significant impact on their company’s efficiency, customer service, and overall supply chain performance.

“In 2010, we received more than 2,800 nominations from small and large companies covering scores of different industries,” states Brad Berger, publisher of SupplyChainBrain. “More than 400 vendors of every conceivable type of supply chain activity were nominated — from very specialized technologies, to a wide range of third-party logistics, transportation and consulting services. The 100 companies that received the most qualified nominations are represented on this year’s list.”

Ariba was recognized for providing solutions that enable companies of all sizes, across industries to control costs, minimize risk, improve profits and optimize performance.

“The first wave of supply chain efficiency focused on automating and streamlining processes,” Tim Minahan, Chief Marketing Officer, Ariba. “The next wave will come from more efficient and effective collaboration between trading partners. At Ariba, we are focused on helping companies drive this collaboration by providing them with technology, community, and capabilities that enable them to connect and efficiently do business. We are pleased to be recognized by industry leaders and SupplyChainBrain for our efforts.”

About SupplyChainBrain
SupplyChainBrain is the world’s most comprehensive information resource for supply chain news, intelligence, strategy and innovation. In addition to the fundamental principles of supply chain management, SupplyChainBrain identifies emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions — and continues to write and report about these as they evolve and mature. SupplyChainBrain targets the high-level executive, who is concerned with such strategic issues as managing risk, aligning the supply chain with corporate planning, achieving competitive advantage, balancing customer demands with the need to control cost, and improving the bottom line. Collectively, the highly experienced SupplyChainBrain editorial staff has spent more than a century researching, analyzing, writing and reporting about issues and applications related to logistics and the supply chain. It is this level of expertise combined with that of our many respected content partners that influences the information we present through our web site, blogs, newsletters, video casts, webinars and magazine. For more information, visit www.supplychainbrain.com.

About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba enables more efficient and effective buying, selling, and cash management by combining industry-leading software as a service (SaaS) commerce technology with the world’s largest web-based global trading community and expert capabilities and services to augment internal resources and skills – all as a flexible, cloud-based service. The Ariba® Commerce Cloud™ delivers everything needed to control costs, increase sales, minimize risk, and enhance cash flow and operations. More than 300,000 companies, including over 80 percent of the Fortune 100, use Ariba’s solutions to drive more efficient and effective inter-enterprise commerce. Why not join them? For more information on Ariba commerce solutions and the results they deliver, visit www.ariba.com.

This article is from E-invoicing Platform. Read the original post at: Ariba named a 2010 Great Supply Chain Partner.

The new Basware Purchase Management solution to be delivered integrates seamlessly to services already in use and together they cover the whole purchase to pay process. Basware will deliver Basware Purchase Management (PM), Basware Order Matching (OM), Basware Contract Lifecycle Management (CLM) and Basware RFx Management solutions to VVO. In addition, VVO will start using Basware Catalogue Exchange Services and Supplier Portal, which allow VVO to receive catalogs electronically to Basware Purchase Management solution.

VVO can also receive purchase orders and create an invoice in an easy and safe manner. “We are happy to deliver additional solutions to an existing customer. This is a clear proof of good cooperation and high customer satisfaction. Our solutions are modular and can be implemented according to customers’ needs. Basware Enterprise Purchase to Pay Solutions provide extensive savings to our customers, ” says Ilkka Sihvo, CEO, Basware Corporation. VVO is a publicly-listed company providing housing services.

From VVO, you can rent an apartment, acquire right-of-occupancy or part-ownership housing or buy a dwelling outright. VVO develops, markets and manages its own dwellings.

For more information, please contact:
CEO Ilkka Sihvo, Basware Corporation,
Tel. +358 40 501 8251

CIO Mikko Pöyry,VVO,
Tel. +358 20 508 3772

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware sign agreement with Finnish housing services company.

Bristol-Myers Squibb selected OB10 due to their ability to offer a truly global
solution. Not only will Bristol-Myers Squibb benefit from tax compliant invoice receipt, but their suppliers will benefit from the enhanced features of the service. This will lead to greater efficiencies in the invoice to pay process. Another key feature of the OB10 Service includes OBactive, OB10’s best practice supplier enrolment.

With the global scope of Bristol-Myers Squibb service, it is vital that suppliers can be enrolled and supported in their local language. OB10 boasts a strong multinational team which communicates in
their language and understands the way local businesses operate; creating a global, uncomplicated support network.

This partnership further enhances OB10’s reputation as the leading e-Invoicing provider to the pharmaceutical industry. Bristol-Myers Squibb will be joining other leading pharmaceutical companies such as GlaxoSmithKline, Pfizer and Eli Lilly & Company as customers of OB10.

www.ob10.com

This article is from E-invoicing Platform. Read the original post at: Bristol-Myers Squibb adopts OB10’s global e-Invoicing solution.

“Our customer has been satisfied with Basware Invoice Automation solution and extends the implementation to new geographies. This is a clear proof of our ability to provide our customers with excellent service in various businesses. Our solutions are industry-independent, modular and applicable to companies of all sizes,” said Ilkka Sihvo, CEO, Basware Corporation.

Basware Invoice Automation (IA) uses automatic, business-rule based matching to minimize the need for time-consuming, repetitive invoice-handling tasks and enable efficient management of exceptions. Basware Invoice Automation optimizes process performance in financial departments and business units, enabling your organization to focus on creating added value for your customers.

This article is from E-invoicing Platform. Read the original post at: Basware adds extension to invoice automation for US industrial company.

As the company experienced a fast return on investment in Spain and also saw improved processing times and better visibility and control over invoices, it began to envision similar efficiencies and a more standardized process company-wide. ReadSoft’s invoice automation<http://www.readsoft.com/purchase-to-pay/accounts_payable.aspx> solution fit perfectly with the company’s expansion objectives due to its tight integration with SAP and built-in country specific logic. This ensures a smooth implementation of the invoice automation<http://media.ne.cision.com/l/mtstozai/www.readsoft.com/purchase-to-pay/accounts_payable.aspx> solution across the customer’s North American and European operations.

“We work in close collaboration with each customer to help them achieve their invoice automation goals and maximize their return on investment with compelling success,” comments Jan Andersson, President and CEO at ReadSoft. “This customer’s goal to expand its invoice automation investment is a testament to the value our solution provides and we are excited about the opportunity to continue working closely together to achieve success on a global scale.”

www.readsoft.com

This article is from E-invoicing Platform. Read the original post at: ReadSoft signs new invoice automation agreement with global spirits company.

Connectivity Services include outsourced Scan and Capture which transfers paper invoices into electronic format and Basware Business Transactions Service enables the customer to receive and send invoices in an electronic format. The number of invoices to be transacted through Basware’s service averages approximately one million in a year. The solutions will initially be implemented in Central and Southern Europe, with further deployments planned altogether to 25 countries.

“We are pleased to see that electronic invoicing is gaining more and more ground on the markets which supports our strategy. Our solutions are modular and can expand together with our customers’ businesses to meet their growth demands,” says CEO Ilkka Sihvo, Basware Corporation.
The Basware Connectivity service offers a variety of ways to exchange e-invoices and purchase messages between suppliers and buyers.  Outsourced Basware Scan and Capture services transfers paper invoices into electronic format. Basware Business Transactions Service enables the customer to receive and send invoices in an electronic format.  Basware Supplier Portal publishes or downloads information and completes transactions online.

This article is from E-invoicing Platform. Read the original post at: Basware signs agreement with Siemens.

The Connectivity e-invoice services of TNT Post’s customers will be gradually transferred to Basware’s e-invoice service.  The transfer is estimated to be completed by the end of 2010. Additionally 2 employees will join Basware in connection with the acquisition.

“This acquisition supports the business of Basware’s Automation services and expands our network in Central Europe. E-invoice penetration is growing in Europe and we continue to look for business opportunities there,” says Ilkka Sihvo, CEO at Basware Corporation.

This article is from E-invoicing Platform. Read the original post at: Basware acquires TNT Post’s Connectivity operations in the Netherlands.

To be released in the September quarterly issue of Software Magazine, the Software 500 is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. Basware is listed in the 171-180 decile, with 2009 revenue of $129.2 million after being converted from Euros into U.S. dollars.  This reflects an increased growth rate from the previous year. Basware is publicly traded on the NASDAQ OMX Helsinki (HEX:BAS).

The ranking is based on total worldwide software and services revenue for 2009. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. (posted at www.Softwaremag.com), as well as from public documents.

“We’re pleased to be recognized by Software Magazine as one of the world’s largest software companies,” said Ari Salonen, general manager, North America for Basware. “Through our industry-leading purchase-to-pay solutions and our focus on best practices, Basware has helped some of the world’s leading companies address pressing finance concerns and ensure visibility and control over the financial value chain.  This helps companies better manage spend and strengthen supplier relationships, while reducing risk.”

Basware’s innovative purchase-to-pay solutions are based on 20 years of technology expertise and incorporate the best practices of all of its customers.

“The 2010 Software 500 results show that revenue growth in the software and services industry has been healthy,” said John P. Desmond, editor of Software Magazine and Softwaremag.com. “Results of our ranking prove that innovation in the software industry is alive and well and we look forward to continued growth among the world’s largest software companies.”

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About Basware
Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 1,000,000 users in over 50 countries around the world. With Basware, organizations can reduce the cost of buying and paying for goods and services and gain visibility and control of their entire spending process by automating manual processes, from sourcing, contract management, purchasing and supplier collaboration to invoice automation.  Basware solutions and services enable substantial cost reductions across businesses and deliver value by providing compliance and control, as well as fast return on investment. The solutions are distributed and implemented, either on site or as a service, in Europe, the U.S., and Asia-Pacific through an extensive network of Basware offices and business partners. www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware ranked amongst largest software companies.

ANZ vice president Karri Lehtonen, who has been in the Sydney-based role for three months since relocating from the company’s headquarters in Finland, says it bought its largest Australian reseller Tag Services last year.

Its second reseller there decided to focus on other technology, and the owner of its Wellington-based reseller company (of which he didn’t know the name) died earlier this year.

The company has some existing customers that are headquartered in Australia but have a presence here, and has held recent seminars for potential customers in Auckland and Wellington.

It has one software offering aimed at the enterprise – Purchase to Pay – that automates the accounts payable and financial processes, and InvoiceReady, an invoice processing software as a service from small and medium-size companies. It also provides connectivity services for electronic document exchange between buyers and suppliers.

It is seeking a larger reseller to offer Purchase to Pay, and two or three resellers in the main centres to offer InvoiceReady. It has already held talks with potential partners.

Lehtonen sees strong opportunity in the ANZ market because he believes it will follow trends in Europe where governments are leading the change from paper to electronic invoices.

The company is 25 years old and set up in Australia ten years ago. However, Lehtonen says it struggles with low brand awareness because it trades business-to-business.

This article is from E-invoicing Platform. Read the original post at: Basware to rebuild regional channel.

For example, not only does e-invoicing generate transactional revenue, it also gives banks the opportunity to further embed themselves into their corporate customer accounts, enabling them to better understand their customer’s cashflow situation offer new and extended services, thus improving customer retention.

Banks are in the enviable position of having established relationships with corporates and can therefore be considered to be ‘off the starting blocks’ in the competitive race to offer e-invoicing services.  What banks need to do is to move quickly so that they don’t get left behind.

In this free webinar we explore exactly what banks need to do to get ahead of the game in e-invoicing.

It will explain what banks should be offering to their corporate clients and how they can implement these services quickly and simply to maximise benefits. The time for e-invoicing is now. To make sure you don’t get left behind register now for our free webinar.

Click here to register >

This article is from E-invoicing Platform. Read the original post at: Webinar: Banks – How to succeed in a booming e-invoicing market.

IBM today announced the closing of its acquisition of Sterling Commerce.  The company expands IBM’s ability to help clients accelerate their interactions with customers, partners and suppliers through dynamic business networks using either on-premise or cloud delivery models.

Organizations are looking for ways to create more intelligent networks of business partners, customers and suppliers in order to enhance efficiency and profitability.  These interactions are increasing dramatically due to the proliferation of electronic business transactions, from banks exchanging transaction data and manufacturers sourcing raw materials electronically, to retailers automating stock replenishment and managing orders online.

Sterling Commerce provides software for cross-channel commerce and integration of customer, partner and supplier networks across a wide range of industries.  The combination of IBM and Sterling Commerce enables the integration of key business processes across channels and among trading partners – from marketing and selling to order management and fulfillment.

“We now offer a complete platform for multi-enterprise business transactions,” said Craig Hayman, general manager, IBM Industry Solutions.  “In combination with IBM’s existing offerings, Sterling Commerce, Coremetrics and Unica are expanding IBM’s ability to help companies automate, manage and accelerate core business processes across marketing, selling, order management and fulfillment.”

With the acquisition of Sterling Commerce, IBM advances its ability to help clients integrate and automate business processes, resulting in improved demand generation, customer experience and fulfillment.  Using the combined technologies of IBM and Sterling Commerce, clients have the flexibility to manage these processes – and their networks of business partners – through public or private cloud computing environments.

Since IBM announced its intent to acquire the company in May, Sterling Commerce has seen continued momentum with customers in both its business integration and commerce solutions businesses.  Sterling Commerce recently announced that Hostess Brands has implemented its B2B integration solutions both on-premise and as a service to improve Hostess’ supply chain performance.  In June, Cengage Learning went live with the latest version of Sterling Multi-Channel Selling to take advantage of new market segmentation and enhanced promotions functionality that enhance the customer experience of its award-winning website, CengageBrain.com.

“We view the IBM acquisition of Sterling Commerce as a positive move,” said Charles Qian, manager of eCommerce systems at Cengage Learning, a leading global provider of innovative teaching, learning and research solutions.  “Our recent implementation was seamless, and completed under a tight timeframe.  I expect the excellent solutions we have received from Sterling Commerce will only be enhanced under IBM.”

In addition to enhancing IBM’s integration and commerce offerings, Sterling Commerce software also complements IBM’s industry-focused software including the company’s frameworks supporting the retail, manufacturing, communications, health care and banking industries.

More than 18,000 global customers rely on Sterling Commerce’s offerings, including large companies such as Boston Market, Honeywell, Monsanto and Pitney Bowes. Outside the United States, Sterling Commerce’s customer list includes leading manufacturers like Toshiba and top retailers such as Auchan and John Lewis.

The acquisition builds on IBM’s growing portfolio of industry software solutions designed to help companies automate, manage and accelerate core business processes across marketing, selling, ordering and fulfillment.  IBM’s recent acquisitions of Sterling Commerce and Coremetrics and the intended acquisition of Unica will enhance the company’s ability to support clients’ needs in this growing market.

With the closing of this acquisition approximately 2,500 Sterling Commerce employees join IBM.  Consistent with IBM’s software strategy, IBM will continue to support Sterling Commerce’s clients while allowing them to take advantage of the broader IBM portfolio.

About IBM
For more information visit: www.ibm.com/smartwork/businessagility

This article is from E-invoicing Platform. Read the original post at: IBM completes acquisition of Sterling Commerce.

Connectivity Services include outsourced Scan and Capture which transfers paper invoices into electronic format and Basware Business Transactions Service enables the customer to receive and send invoices in an electronic format. The number of invoices to be
transacted through Basware’s service averages 621.000 per annum over 3 years. The solutions will initially be implemented in the UK, with further deployments planned across Europe.

“We are pleased to deliver our scalable solutions to Alliance Healthcare. Our solutions can grow and expand together with Alliance Healthcare to meet their growth demands.  Invoice Automation together with Basware Connectivity Services offer a solid and efficient foundation for cost savings in a company,” says CEO Ilkka Sihvo, Basware Corporation.

Basware Invoice Automation (IA) uses automatic, business-rule based matching to minimize the need for time-consuming, repetitive invoice-handling tasks and enables efficient management of exceptions. Basware Purchase Management (PM) automates enterprise purchasing processes by providing a cost-efficient way to manage and control the organization’s requisitioning, approval and ordering processes.

The Basware Connectivity service offers a variety of ways to exchange e-invoices and purchase messages between suppliers and buyers.  Outsourced Basware Scan and Capture services transfers paper invoices into electronic format. Basware Business Transactions Service enables the customer to receive and send invoices in an electronic format.  Basware Supplier Portal publishes or downloads information and completes transactions online.

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware signs deal with Alliance Healthcare.

“This global agreement is an important one for us and it proves our solid competitive competence in e-invoicing markets and our ability to further expand and develop our e-invoice and supplier network,” says CEO Ilkka Sihvo, Basware Corporation.

Basware Business Transactions is a part of the extensive Basware Connectivity Services.  Basware Business Transactions e-invoicing service delivers invoice data directly to the customer’s invoice processing solution, which speeds up the invoice approval process as incoming invoices can automatically be posted and matched to an existing contract.  Receiving e-invoices increases the automation of the invoice handling process as no scanning is needed and posting can be done automatically per line item.  Electronic invoices can be received to any invoice processing system.

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware signs agreement with large global industrial corporation.

This paper provides a specific framework and tools that any organization can use to minimize the decision time, optimize cross-functional buy-in, and maximize the likelihood of making the right eProcurement solution decision.

Download this paper, which provides a specific framework and tools to minimize the decision time and maximize the likelihood of making the right eProcurement solution decision.

Key topics featured include:

- Identifying stakeholder initiatives
- Defining tactical requirements
- Outlining selection criteria
- Gaining corporate buy-in
- A quick reference checklist

www.ariba.com

This article is from E-invoicing Platform. Read the original post at: Ariba: Selecting the right eProcurement solution.

Invensys plc develops and applies advanced technologies that enable the world’s manufacturing and energy generating facilities, mainline and mass transit rail networks and appliances to operate safely and efficiently.

Invensys brings its technologies to a global customer base: Invensys(R) solutions are used in around 180 countries worldwide, and Invensys has offices in more than 50 countries, employing around 20,000 people. Invensys is listed on the London Stock Exchange and is a constituent of the FTSE100 Index.

“We are pleased to be delivering the Basware Invoice Automation solution to yet another global company. Our solutions are industry-independent supporting multilingual and currency needs, modular and applicable to companies of all sizes,” said Ilkka Sihvo, CEO, Basware Corporation.

Basware Invoice Automation (IA) uses automatic, business-rule based matching to minimize the need for time-consuming, repetitive invoice-handling tasks and enable efficient management of exceptions. Basware Invoice Automation optimizes process performance in financial departments and business units, enabling your organization to focus on creating added value for your customers.

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware to deliver invoice automation solution to Invensys in the UK.

More than 350 E-Invoicing specialists and end-users from more than 30 countries are expected at the summit, which takes place in Munich from 11th to 12th October 2010. Amongst the exhibitors are six members of the EEI Platform: Accounting Plaza, Accountis, Basware, Certipost, StreamServe and Tieto.

Developing e-Invoicing in Europe
The High Level Group on Reducing Bureaucracy, led by former Bavarian Minister President Dr. Edmund Stoiber, has concluded that electronic invoicing is especially important for reducing bureaucracy. In its closing report at the end of 2009, the European Commission Expert Group on E-Invoicing put forward a number of recommendations for developing the use of E-Invoicing even further throughout Europe. These recommendations are currently being implemented at all levels, and many countries have already initiated specific projects.

EXPP Summit 2010
Europe’s leading Congress on E-Invoicing & E-Billing will celebrate its sixth anniversary this year.

Top-notch speakers will talk about their experiences with E-Invoicing projects over the course of two days. The European EXPP Summit 2010 will reward the participants with an exclusive series of success stories and best practice sessions from numerous industries across Europe.

• Hear the latest news on market trends, perspectives, standards and initiatives
• Success stories telling how the Procure-to-Pay process and the Financial Supply Chain have been improved and how they can help to reduce costs considerably
• Focus on the different possibilities for implementing E-Invoicing & E-Billing and for harmonising legislation in Europe

The mixture of lectures from experts in the field and professionals with practical experience, as well as podium discussions, roundtables, large exhibition area and especially the focus on Europe will make the European EXPP Summit 2010 a compulsory event for CEOs, CFOs, CIOs, Heads of A/R and A/P, Procurement, Invoice Management and E-Invoicing decision makers from all over Europe.

Further information and the registration form can be found at:
www.expp-summit.com

This article is from E-invoicing Platform. Read the original post at: Six EEI Platform members contribute to EXPP Summit 2010.

A unique web-based platform, it contains everything businesses need to buy, sell and manage cash more efficiently and effectively than ever before.

• Technology: Market-leading applications for spend management, collaborative finance management, and sales acceleration management.
• Community: The Ariba Network, the world’s largest Web-based trading community, where more than 300,000 global businesses to discover, connect, and collaborate. And Ariba Exchange, the industry-leading customer community for networking, sharing best practices, and collaborating with partners and peers.
• Capabilities: Market, category, technical, strategic and other expert capabilities that can be accessed on-site or via the Web to support ever-changing business needs.

Whether looking to control costs, increase sales, minimize risk, or enhance cash flow, companies can do it better in the Ariba Commerce Cloud.

Read the brochure: Ariba Business Commerce Solutions

This article is from E-invoicing Platform. Read the original post at: The Ariba® Commerce Cloud.

About Ariba
Ariba, Inc. is the leading provider of collaborative business commerce solutions including Invoice Management, Payment Management and Working Capital Management. Ariba enables more efficient and effective buying, selling, and cash management by combining industry-leading software as a service (SaaS) commerce technology with the world’s largest web-based global trading community and expert capabilities and services to augment internal resources and skills—all as a flexible, cloud-based service.
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The Ariba Commerce Cloud delivers everything needed to control costs, increase sales, minimize risk, and enhance cash flow and operations. More than 300000 companies, including more than 80 percent of the Fortune 100, use Ariba’s solutions to drive more efficient and effective inter-enterprise commerce.

More information:

Baronsmede – 20 The Avenue, Egham,
Surrey TW20 9AB (UK)
Phone: +44 (0) 1784 487100

Website:  www.ariba.com
Contact:  Aaron Wargo
Contact eMail:  awargo@ariba.com

About the EEI Platform
The EEI Platform’s main objective is to support the penetration of electronic invoicing and automated invoicing in Europe in order to enable anyone to benefit from the great advantages that it offers. The EEI Platform focuses on the activation of individual companies, trade associations and the public sector to apply electronic billing and payment.

In addition, participants will achieve results on publicity, penetration of electronic invoicing, standardization, accreditation and promotion of the participants. EEI Platform is a variant of the Dutch Electronic Invoicing Platform (ELFA), a grouping of organisations in the Netherlands that play an important role in the implementation process, as well as substantive information, news, background and developments in the fields of electronic invoicing.

Participation in the EEI Platform
Participation in EEI Platform is not only for providers of electronic invoicing and automated invoicing. Participation is also open to users, public institutions, educational institutions and industry associations. Moreover, organizations whose activities border to electronic billing services -such as credit organizations and financial institutions- are also invited to join.

Visit www.eeiplatform.com for more information. Here you can check the latest European news, the EEI Platform Business Case and the subscription form

This article is from E-invoicing Platform. Read the original post at: New member for EEI Platform: Ariba.

Source: www.tradingmarkets.com

This article is from E-invoicing Platform. Read the original post at: Vodafone to plant tree for each new e-invoicing user.

The SciQuest and OB10 partnership enables suppliers to send e-invoices in any data format to the SciQuest eprocurement suite.  With OB10′s best practice supplier enrolment and ANY-TO-ANY DATA FORMATTING capabilities, the SciQuest eProcurement solution becomes more accessible to a wider range of businesses – giving an increased benefit to both buyers and suppliers.

“The partnership between SciQuest and OB10 allows us to provide enterprise customers and suppliers with an efficient, automated eProcurement and e-Invoicing process that is especially tailored for organizations that must address global, complex invoicing requirements and regulations,” said Karen Styres, VP of Business Development, SciQuest.

Jamie Gunn, CEO, OB10 comments, “The collaboration creates an exciting proposition for both clients and their suppliers.  OB10′s ANY-TO-ANY DATA FORMATTING and supplier enrolment expertise enables more suppliers to benefit from eProcurement and e-Invoicing.  The enterprise clients will benefit from this enlarged network and the associated cost reduction and efficiency benefits of the combined solution.”

OB10′s e-Invoicing network is operational across Europe, North America, and Asia, supports local language requirements, and complies with worldwide, regional tax regulations. SciQuest’s unique eProcurement capabilities allow efficient management of the source-to-settle process, including sourcing, shopping, contract management, procurement and settlement.  By combining eProcurement and e-Invoicing for all materials and services, global enterprises can drive contract compliance and gain greater control over spend.

About SciQuest
SciQuest provides a leading on-demand strategic procurement and supplier enablement solution that integrates customers with their suppliers to improve procurement of indirect goods and services.  Our on-demand software enables organizations to realize the benefits of strategic procurement by identifying and establishing contracts with preferred suppliers, driving spend to those contracts and promoting process efficiencies through electronic transactions.  Using our managed SciQuest Supplier Network, our customers do business with more than 30,000 unique suppliers and spend billions of dollars annually.

Our current target markets are higher education, life sciences, healthcare and state and local governments.  We tailor our solution for each of the vertical markets we serve by offering industry-specific functionality, content and supplier connections.  We serve more than 160 customers operating in 16 countries and offer our solution in five languages and 22 currencies.

About OB10
OB10 (www.OB10.com) is the leading global B2B e-Invoicing network.  OB10 simplifies and streamlines the complex invoice-to-pay processes. Neither client organisations nor their suppliers are required to implement any hardware or software, and OB10 is independent of data file formats.  OB10 can reduce the cost of paper invoice processing by typically 60 percent and can deliver an ROI in less than a year if the programme follows OB10′s best practice guidelines.

Operational across Europe, North America and Asia, OB10 is compliant with the requirements of VAT, tax and e-Invoicing legislation and receives invoices from suppliers across 137 countries.  To ensure unrivalled and rapid supplier enrolment, each new customer’s suppliers are supported by an implementation services team responsible for getting them up and running on the OB10 network.

www.ob10.com

This article is from E-invoicing Platform. Read the original post at: SciQuest and OB10 Deliver Comprehensive Purchasing and e-Invoicing Services.

“We are happy to work together with public sector in Norway as well and deliver an extensive product solution package to UNINETT FAS. These solutions enable our customer to gain visibility and generate cost savings throughout the whole purchase chain,” says CEO Ilkka Sihvo, Basware Corporation.
Basware Scan and Capture services is a part of more extensive Basware Connectivity Services offering. Basware Connectivity Services consist of several functionalities which enable suppliers and buyers of all sizes and maturity to transact electronically.

UNINETT FAS is the university and university college sector`s coordinator and service provider for assessment, selection, introduction, operation, development and replacement of common administrative ICT systems. UNINETT FAS adds value to the sector in the form of cost-effective processes for the implementation of common projects, volume discounts for license prices and integration solutions, as well as administrative ICT systems that provide data and reports of high quality.

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware won a major deal in Norway.

Electronic Invoicing is a process with a growing popularity within business and governmental environments. It appears in various forms, for example invoices in PDF or Word format are attached to an e-mail or made available using a web portal.
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The integrated dispatch of invoices (EDI) is also part of the e-Invoicing process. InterCommIT combines the various methods within ‘InterCommIT Managed e-Invoicing thus users can reach their relations with one secure connection from their internal systems.

“A variety of exchange methods are available; a secured network, a web portal, e-mail and even distribution using traditional mail” says Pascal de Kleijn, Product Manager InterCommIT.

More than distribution of Invoices
InterCommIT Managed e-Invoicing is truly a One-Stop e-Invoicing Service. Apart from invoices, orders and dispatch notes can be exchanged as well. This full set of information can be archived electronically making the ‘Order to Pay” process visible and easy to retrieve as required by fiscal authorities during audits.

Other ICT solutions related to e-Invoicing such as electronic signing of documents, payment and monitoring are also taken care of by InterCommIT, making it possible to outsource the complete invoicing process.

Suitable for all businesses
Pascal de Kleijn: “Large or smaller business, government authorities, they can all save money with InterCommIT Managed e-Invoicing. Being a service and not a software application the initial investment is generally lower which creates an interesting ROI. A streamlined process is a quick win.

For many years InterCommIT is the specialist in connecting back office systems and conversion of formats to enable companies to use their own systems to do business electronically. Structured information like EDI, XML, UBL2.0, XBRL and other information such as PDF, Word, Excel or ‘own’ formats can be exchanged. If desired the information in electronic format can also be converted to traditional mail distribution.”

About InterCommIT
InterCommIT offers a complete package of services and products to enable companies in the chain to work efficiently together through EDI/XML, e-invoicing article information management- and document management applications. InterCommIT’s approach is based on outsourcing B2B processes. We call this Integration as a Service.

InterCommIT is founding member of ‘Platform Elektronisch Factureren (Platform ELFA) and the European Electronic Invoicing Platform (EEI) thus stimulating the developments and the standards associated.

www.intercommit.nl

This article is from E-invoicing Platform. Read the original post at: InterCommIT Managed e-Invoicing: ‘the One Stop e-Invoicing Service’.

Liaison helps customers automate global trading communities by shielding complexity from rapidly changing standards, eliminating manual and duplicative processes and enabling the highest levels of B2B integration and collaboration. Anachron extends Liaison’s offering to include full service, compliant archiving and signature services.

The new integrated solution will enable businesses to comply with global VAT and tax regulations and improve automation throughout the order-to-cash process, ensuring that customers can depend on a fully automated, streamlined and regulatory-compliant solution that minimizes manual intervention, errors and delays.

By making it easier for suppliers to submit e-invoices, customers that use the Liaison B2B infrastructure can benefit from complete control and visibility over cash flow and improved process efficiency that shifting to fully electronic processes provides. When coupled with e-invoicing, invoice automation accelerates payment times and reduces errors, speeding up processing and improving productivity by reducing manual workloads, which in turn improves customer loyalty.

“We have seen clear demand for extending our B2B infrastructure services and we are excited to be able to offer an extensive electronic invoicing and archiving service to our customers,” said Larry Mieldezis, COO at Liaison. “With Anachron’s integrated solution, we are offering services that ease e-invoicing enablement, without forcing companies to commit to long term fees and multiple costly integration processes. As Liaison continues to grow globally, we expect our network to continue to scale to meet our customers’ needs.”

“Liaison is an innovative B2B integration company that is already effectively making use of electronic invoicing technologies, but wanted a full service solution for their customers,” said Frank Hoekstra, Manager Director of Anachron. “We are delighted that Anachron will help deliver a robust, flexible and secure electronic invoicing and archiving service.”

About Liaison Technologies
Liaison Technologies is an international provider of integration and data management services that help thousands of organizations in more than 35 countries optimize their business operations. Tapping into its comprehensive array of business-to-business and enterprise application integration and data transformation services, Liaison’s integration professionals develop data management infrastructures adapted to each client’s unique situation to improve data quality, reduce operational costs and secure communications. Headquartered in Atlanta, Liaison also has offices in the Netherlands, Finland, Sweden and the United Kingdom.

For more information, visit www.liaison.com

About Anachron
Anachron was founded in 2000 and is a top 3 e-Invoicing service provider in Europe. It delivers e-Invoicing services in more than 70 countries and is in full compliance with local and EU regulations. Anachron solutions help organizations to optimize their outbound and inbound invoice flows, and include state of the art functionalities that integrate seamlessly with other business processes which enable companies to add value to the complete invoice process. The company recognizes the need for interoperability and has connections with international value added networks and partners. Anachron is headquartered in Amsterdam the Netherlands, and also has offices in Joure, Brussels, London, Vilnius, and Curacao N.A.

For more information, visit www.anachron.com.

This article is from E-invoicing Platform. Read the original post at: Liaison expands global B2B eInvoicing service with Anachron.

Basware performed well in all of its markets, with international operations accounting for 53.8 percent of net sales, a growth of 9.2 percent. Regionally, the fastest growth was seen in the North American business, with net sales increasing by more than 50 percent in local currencies. Net sales are expected to develop positively in 2010 on the level of 2009 and operating profit (EBIT) is expected to represent 10 to 15 percent of net sales.

“The first quarter of the year was a success despite the continued challenging market conditions,” comments Basware CEO Ilkka Sihvo. “Our net sales increased by 6.5 percent and our profitability by as much as 34.2 per cent. Connectivity Services, Software as a Service operations and License Sales in particular performed well. The performance in the first quarter provides a good starting point for the rest of the year.”

During the reporting period, the fastest growing areas were Basware Connectivity services and Software as a Service operations, up 47.4 percent, consulting, up 21.8 percent, and maintenance functions, up 24.4 percent. The Basware Connectivity Services, which were launched at the beginning of 2009, have since been enhanced, with the service now including comprehensive solutions for both senders and recipients of e-invoices, as well as a supplier activation service. Basware Connectivity enables suppliers and buyers to communicate electronically in Basware’s partner network, boosting Basware’s current Enterprise Purchase to Pay offering.

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Net sales Basware increased strongly and profitability improved.

Event
ISIS Papyrus offers an event with a wide range of sessions, case studies, showcases and fora during the ISIS Open House and User Conference from 2-4 May 2010.
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Experts sessions will focus on the unique challenges in your industry. This is your chance to hear how you can make a measurable impact in your organization with Papyrus. It’s a fantastic opportunity to meet like-minded document professionals to discuss best practices and pragmatic solutions to common real-life challenges.

Check the programme

Read the brochure:

This article is from E-invoicing Platform. Read the original post at: Isis Papyrus organises Open House and User Conference.

Taulia, the ‘Invoicement’ specialist, and OB10, the global e-Invoicing network, today announce their new global

This article is from E-invoicing Platform. Read the original post at: OB10 and Taulia team on purchase to pay offering.

By making it easier for suppliers to submit e-invoices, customers that use the Basware network can benefit from the complete control over cash flow and improved process efficiency that shifting to fully electronic processes provides. When coupled with e-invoicing, invoice automation accelerates payment times and reduces errors, speeding up processing and improving productivity by reducing manual workloads, inevitably improving customer relations as satisfaction levels rise. By introducing Invoice Automation and making the move to a full e-invoicing managed service, one of UK’s leading pharmaceutical chains, Lloydspharmacy, has been able to increase invoice processing volumes by 40% without any additional headcount.

In order to take full take advantage of e-invoicing, the buyer-supplier relationship needs to work effectively. Traditional e-invoicing networks – those that allow suppliers and buyers to connect through the buyer’s service provider only – usually limited to specific industries or countries. In a traditional network model, suppliers have to engage with multiple networks in order to access different buyers, a set up with considerable cost duplications. For large organizations wanting to reap the benefits of e-Invoicing, supplier activation is key. Basware’s open network enables suppliers to connect freely with their local operator which then automatically process e-invoices to the buyer, regardless of their operator or location.

In the report “Enterprises Should Push Supplier Networks To Deliver Interoperability,” Forrester Research, Inc., July, 2009, Forrester states that “Currently, most supplier network traffic goes through a single-hub model in which one network connects the buyer with its suppliers. A double-hub model, supported by network interoperability…would eliminate the need for companies to connect with multiple networks. Interoperability would accelerate supplier network adoption because: Suppliers would be happy to enroll in a network if it connected them with all their customers, enterprises would adopt networks enthusiastically, without the enablement barrier, Networks would be able to increase their revenues much faster.”

“At Basware, we have seen clear demand for expanding our network and we are excited to be able to offer an extensive supplier/buyer network to our customers, especially as we move into new territories,” commented Esa Tihila, SVP of Connectivity Services at Basware. “We are offering services that ease e-invoicing enablement, without forcing companies to commit to long term fees and multiple costly integration processes. As Basware continues to grow globally, we expect the network to continue to scale to meet our customers’ needs.”

For more information on Basware e-invoicing solutions, visit http://www.basware.com.

Basware’s e-invoicing partners are listed at: http://www.basware.com/e-invoicingnetwork.

About Basware
Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 1,000,000 users in over 50 countries around the world. With Basware, organizations can reduce the cost of buying and paying for goods and services and gain visibility and control of their entire spending process by automating manual processes, from sourcing, contract management, purchasing and supplier collaboration to invoice automation. Basware solutions and services enable substantial cost reductions across businesses and deliver value by providing compliance and control, as well as fast return on investment. The solutions are distributed and implemented, either on site or as a service, in Europe, the US, and Asia-Pacific through an extensive network of Basware offices and business partners. http://www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware expands e-Invoicing network to include 80 partners.

ISIS Papyrus has expressed their vision and activities in her new publication: “ISIS Papyrus Focus Report” which shows and elaborately explains her billing solutions across industries and platforms.

ISIS Papyrus develops and delivers consolidated customer communication and process optimization solutions for enterprise organizations in the financial, utility, telecommunications, healthcare, insurance and public sectors.

In 2008 ISIS Papyrus celebrates 20 years of excellence and customer-focused innovation, with 16 worldwide offices, 14 subsidiaries and three development centers supporting more than 2, 000 enterprise and government customers worldwide who are using ISIS Papyrus solutions for process improvement, business correspondence, multi-channel output, e-mail, document capture and archiving.

Today more than 2000 customers have chosen ISIS Papyrus as a proven and fully integrated customer communications platform for end-to-end flexibility, efficiency, collaboration, quality and continuous improvement of customer data, content and processes.

Read the publication below:

This article is from E-invoicing Platform. Read the original post at: ISIS Papyrus’ vision on electronic invoicing.

Basware Connectivity covers the entire purchase-to-pay process from cataloguing and procurement to e-invoicing, providing crucial integration with an organisation’s existing stock and resource management systems.

Basware Connectivity benefits both supplier and buyer, reducing cost per transaction, mitigating error, eliminating paper-based processes and speeding up payment.

Basware Connectivity for Procurement enhances the buyer-supplier collaboration capability of Basware Connectivity, adding:

    - Purchase Message Exchange:
    - Integrating electronic order negotiations within one buyer-supplier
      ecosystem
    - Eliminating the errors inherent in manual order management and creating
      a fully auditable trail
    - Catalogue Exchange:
    - Facilitating the electronic delivery of supplier catalogues to the
      buyer's procurement environment, boosting the quantity of catalogue
      items
    - Supplier self service enables 24-hour updating of content
    - Enforces negotiated contract conditions and pricing

Electronic invoice and procurement message exchange significantly increases data accuracy by replacing error-prone manual processes with automation. Through Basware Connectivity, electronic documents are created in procurement systems and fed directly to invoice processing solutions, enabling better visibility and a full audit trail. Electronic transactions enable automated order management as well as automated invoice processing and payment which in turn minimise manual intervention. By turning the procurement and invoice processes electronic, buyers can automatically match over 90% of incoming invoices against placed orders.

“With these new additions, Basware Connectivity is the first single purchase-to-pay solution that enables an organisation to move its entire procurement process into an electronic environment, fully integrated with existing stock and finance management systems,” said Matt Lees, Country Manager, Basware UK. “Every time a transaction moves from one system to another, whether within a single organisation or between supplier and customer, it adds delays in fulfillment and opens up possibilities for error. By automating these processes and moving to electronic document exchange with Basware Connectivity, buyers and suppliers can significantly reduce errors in the process, so get it right the first time around and halve their processing costs along the way.”

For the supplier, electronic processes reduce order delivery and invoicing cycle times dramatically, which in turn translate to quicker payments and improved cash flow. Suppliers can easily generate invoices directly from the order data which ensures full accuracy and eliminates the need for credit invoices.

Jyri Virtanen, logistics manager at Plandent, a dental supply company and Basware Connectivity customer added: “We receive around 450 orders each day, and with Basware Connectivity the entire process has become much faster and more efficient. Previously, a single order might contain 50 hand-written order rows, but with an electronic system we can easily receive consolidated orders. Basware Connectivity enables us to fulfill our customers’ orders quicker and has also substantially reduced error levels. Now, with the elimination of the delay resulting from manual ordering and shorter delivery times, we can focus more on actual customer service.”

About Basware
Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 850,000 users in over 50 countries around the world. With Basware, organisations can reduce the cost of buying and paying for goods and services and gain visibility and control of their entire spending process by automating manual processes, from sourcing, contract management, purchasing and supplier collaboration to invoice automation.

Basware solutions and services enable substantial cost reductions across businesses and deliver value by providing compliance and control, as well as fast return on investment. The solutions are distributed and implemented, either on site or as a service, in Europe, the US, and Asia-Pacific through an extensive network of Basware offices and business partners.

http://www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware increases services to enable full Purchase-to-Pay automation.

With a business system from SAP in place, this world-leading transport company already had good support for many of their business processes, but their accounts payable routines were still cumbersome and manual.

ReadSoft’s automated invoice handling solution for SAP was therefore a logical investment. The deal was made in the U.K. and the implementation will be carried out through a ReadSoft specialist partner.

ReadSoft’s solution will enable the company to automatically digitize incoming invoices, match the information against data in SAP to make sure it is correct, and approve the invoices in an electronic workflow. This will make accounts payable routines faster and less labor-intensive. The solution also includes extensive monitoring capabilities giving the company better control of their invoice flow.

“Multinational companies are one of our focus areas, and our solutions are well suited for handling the extensive requirements of such organizations,” comments Jan Andersson, CEO at ReadSoft. “Invoice processing in SAP is an area where we are very strong and this order is yet another proof of that. We are certain that this customer will get solid business value and substantially improved accounts payable processes in the years to come.”

www.readsoft.com

This article is from E-invoicing Platform. Read the original post at: Leading transport company chooses ReadSoft for invoice automation.

Key to the success of any AP e-invoicing project is getting suppliers to join you in your new venture. Most organisations transact with thousands of different suppliers, ranging from huge corporations to sole traders.

Therefore offering multiple connection methods is crucial. Accountis EIP offers 5 simple ways for suppliers to send you e-invoices, regardless of size or technical ability:

1. Paper to Data – We receive and scan all your inbound paper invoices and output the data directly into your ERP or finance system or Accountis Hub.

2. File Upload - Ideal for larger, high volume processors. Import invoice data directly into the e-invoicing Hub from any ERP system or finance package. Can be done manually or automatically.

3. ebPrinter – Generate an invoice using an existing accounts package but print to the ebPrinter virtual printer) instead of a local printer. This generates and sends an e-invoice to the Hub in the correct format.

4. Document Flip – Login to view an e-purchase order online, and create an e-invoice by simply “flipping” the PO.

5. Webscreen - Perfect for smaller businesses. Enter ad-hoc invoice details directly into the Hub using an online form.

Source: Accountis

This article is from E-invoicing Platform. Read the original post at: Accountis: 5 ways to make supplier adoption easier.

“The joint solution offered through our partnership with Cortex will enable Apache to strengthen its supplier relationships and provide the company with improved efficiency and transparency throughout its financial supply chain,” said Ari Salonen, general manager, North America, Basware, Inc.

“Our automated solutions, combined with Cortex interoperability network, make it easier for an increasing number of companies to embrace electronic e-invoicing and to reap the benefits that can be gained from eliminating manual invoicing processes.”

“We are impressed to see immediate results from our agreement with Basware. This project with Apache is one example of the work we are doing in growing our network and expanding our supplier relationships across North America,” said Ryan Lailey, Vice President of Business Development at Cortex.

“Not only is this our third major buying organization to join our Network this year, but this project will also continue our momentum in the marketplace with other large buying organizations. Our Trading Partner Network and support services continue to deliver superior value for our clients in a reliable, low cost, low risk implementation.”

Apache will be able to receive e-invoices from its suppliers via Cortex, which will be processed using Basware’s Invoice Automation solutions. This process automation will streamline the invoicing process, and minimize the time and money spent manually handling invoices.

Basware’s global e-invoicing network includes more than 60 partners in the U.S., Europe and Scandinavia, providing direct connections around the world, and transmitting more than nine million transactions annually.

About Apache
Apache Corporation is an independent oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom North Sea, Australia and Argentina. Apache posts announcements, updates and investor information, in addition to copies of all recent press releases, on its Web site, www.apachecorp.com.

About Cortex Business Solutions Inc.
Cortex Business Solutions Inc. is an industry leading service company that improves efficiencies, reduces costs and streamlines procurement and supply chain processes for its customers. Accessing the Cortex Trading Partner Network enhances the exchange of business critical documents, such as purchase orders, receipts and invoices resulting in improved cash flow management and business controls, while reducing day’s outstanding and administrative costs. Cortex is a low cost, low risk solution that can be implemented quickly by leveraging its customers existing business environment. More information can be found at www.cortex.net.

About Basware
Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 850,000 users in over 50 countries around the world. With Basware, organizations can reduce the cost of buying and paying for goods and services and gain visibility and control of their entire spending process by automating manual processes, from sourcing, contract management, purchasing and supplier collaboration to invoice automation.

Basware solutions and services enable substantial cost reductions across businesses and deliver value by providing compliance and control, as well as fast return on investment. The solutions are distributed and implemented, either on site or as a service, in Europe, the U.S., and Asia-Pacific through an extensive network of Basware offices and business partners. The company’s U.S. business, Basware, Inc., is headquartered in Stamford, Conn. More information can be found at www.basware.com/us.

This article is from E-invoicing Platform. Read the original post at: Basware and Cortex announce e-Invoicing project.

OB10 highlighted figures from a successful 2009 with the signing of a number of new customers, including 14 new global corporate customers, a significant increase in the number of suppliers on its network and a 65 percent increase in daily network transactions – all resulting in an increase in revenue of more than 40 percent. The increase in revenue is particularly impressive in light of overall industry growth of only 1 percent in 2009 (see also OB10).

“An increasing number of organizations are looking for services that improve cash flow, reduce operating costs and help them meet strict financial objectives,” said Jamie Gunn, CEO – OB10. “By providing a smooth transition for corporations and their suppliers to move to electronic invoicing, coupled with excellent customer service, OB10 is well-positioned to continue its growth in 2010 and beyond.”

New network members
Among the companies that joined the OB10 network in 2009 are British Energy, Dr. Pepper, Hertz, Kraft, Pfizer and Tesco. In addition, Schneider Electric, based on the success of its e-Invoicing rollout in North America during the previous 18 months, agreed to expand its relationship in 2009 by making OB10 the global standard for all its electronic invoicing and related services. Furthermore, existing customers such as Tyco International and DHL renewed their contracts in 2009 to either broaden the scope of their supplier reach across additional countries or increase their invoice volume.

“Schneider Electric has realized significant benefit by implementing OB10′s e-invoicing solution,” said Pam Carper, Manager of Disbursements – Schneider Electric USA, Inc. “In addition to cost savings, we’ve reduced errors and cycle times, increased our straight through processing capability and positioned Schneider Electric as a more efficient producer and distributor of energy.”

Benefits
As stated in the 2010 PayStream Advisors Survey Report, the biggest benefit of automating the invoice receipt process is fewer lost or missing invoices, according to an overwhelming 58 percent of companies [participating in the survey]. Another significant benefit of e-invoicing, experienced by 55 percent of respondents, was quicker approval cycles…showing that that electronic invoice receipt, combined with automated matching and approval workflow, can shrink approval cycle times from 23 days or more to as little as five days.

In addition to securing new global corporate customers, OB10 expanded its partnerships in the last year to include Broadlane, Perceptive Software and Imagitek in the U.S. as well as a global partnership with Genpact. With the combination of additional customers and partners, OB10 has secured valuable and mutually beneficial relationships on multiple fronts.

Impressive results
“The past year’s results demonstrate how hard our team has worked despite the difficult economic climate,” added Gunn. “By strengthening our operation in Atlanta, London, Kuala Lumpur and in particular Sophia, Bulgaria, we provide complete in-house, end-to-end implementation and management services to our existing customers as well as a number of blue-chip brands we’ve added to our portfolio of clients. Building relationships with companies such as Tesco, Kraft and Genpact has been indicative of the kind of success we have achieved during the past year. We’re confident of delivering equally impressive results this year, as the market for e-Invoicing continues to mature. Early signs are encouraging as corporations look to increase their indirect spend and the economic cycle begins to show improvement.”

www.ob10.com

This article is from E-invoicing Platform. Read the original post at: OB10 increases revenue and transactions in 2009.

For several years the United Nations Centre for Trade Facilitation and Electronic Business (CEFACT) has been developing a set of electronic standards for international trade data.

Progress has been slower than had been hoped for, and CEFACT is currently reassessing stakeholder needs and priorities to ensure that its work is addressing the most urgent requirements.

CEFACT has formed three project teams to report quickly on:

• The current needs of stakeholders for open international standards for electronic international trade data messages; and which standards stakeholders would like CEFACT to deliver as priorities; “stakeholders” answering questions are likely to be those who are users or implementers of message standards;

• An assessment of the knowledge that stakeholders have in the CEFACT Core Component Library (CCL), which contains the data elements needed to complete messages, and the usability or otherwise of the CCL; “stakeholders” are likely to be organisations involved in developing standards for their own industry/region and implementers of message standards;

• The technical specifications that underpin message assembly and assure messages can be interpreted by different systems; “stakeholders” are likely to be the organisations involved in developing technology infrastructure standards, technology users and implementers of message standards.

CEFACT is consulting those already involved in CEFACT’s work as well as a selection of stakeholders that are not, in order to submit a report to CEFACT by the end of February 2010.

The project teams would like your urgent responses to a set of questions that address these issues, by 28 February 2010 at the latest. You are asked to complete only those that are of interest or relevance to your organisation.

The survey is available here

Source: UN/CEFACT

This article is from E-invoicing Platform. Read the original post at: UN/CEFACT project teams request for participation in survey.

And the feedback was overwhelming. The result is an ambitious plan for 2010 which is currently available for download and review. The deadline is 31 March 2010.

So, take a look at our concept activity plan and let us know if there is anything you’d like to see added or changed.

(And yes, as quite a few of you mentioned we also think to believe that we’ve developed a good impact ratio per euro. We can only imagine what an extra bit of funding would do…)

[download] CONCEPT EEI Platform Activity 2010

This article is from E-invoicing Platform. Read the original post at: EEI Platform Activity Plan 2010 available for review.

OB10’s e-Invoicing network helps companies of all sizes to bypass the vast amounts of paper each year by eradicating the need for paper invoices. The network helps to simplify and streamline the invoice-to-pay process by taking invoice data from a supplier’s billing system and sending it to their customer’s accounting system – wiping out the need to print, post, process, manually key-in, store and then finally dispose of paper invoices.

To further make the process paperless, OB10 archives the invoices electronically on the OB10 Portal. Both buyers and suppliers can then access any invoice processed by OB10 at any time, quickly and easily. Processing invoices this way is not only better for the environment as it saves a massive amount of paper, as well as the energy and fuel wasted
in the, delivery, archive and disposal of paper invoices. It also increases efficiency of the invoice process, ensuring that tax compliant invoices are delivered within a matter of hours. Costs are reduced by the more efficient process and invoices are more likely to be processed quickly for prompt payment.

The Green Organisation
The Green Apple Award is run by the Green Organisation, an independent non-profit, nonpolitical group supported by the Environment Agency and the Chartered Institute of Environmental Health. The awards are presented to companies that realise the business advantages of being green as well as those that have reaped the benefits that can be had
from environmental besT practice.

Jamie Gunn, CEO, OB10, commented, “To win one Green Apple Award is a great achievement, but to win one for three years running is a huge honour. It’s fantastic news that the environmental benefits of e-Invoicing are continuing to be recognised and it is clear that businesses are becoming fully aware of the damaging environmental consequences of
paper invoices. Obviously the cost benefits of the network are a draw, but with businesses constantly looking for new ways to be ethical, in the eyes of their customers, the environmental factor is of importance.”

17 million invoices
Gunn continues: “In the past few years, OB10 has electronically processed over 17 million invoices on behalf of its global customer base. Using standard industry calculations1, we have calculated that over 6,200 trees have been spared thanks to e-Invoicing with OB10. This is also the equivalent amount of fuel to run a car for over 735,000 miles, fuel a home for 183 years and nearly 900 cubic metres of landfill space. With OB10’s recent news of record growth, and the increasing acceptance of electronic invoicing, the environmental savings will almost certainly increase further.”

www.ob10.com

This article is from E-invoicing Platform. Read the original post at: OB10 awarded a Green Apple Award for third year running.

This article is from E-invoicing Platform. Read the original post at: Tieto and Edisoft co-operate in e-business document interchange.

Basware, the global leader in purchase-to-pay solutions, has today revealed its predictions of the issues that will keep finance and procurement departments busy in 2010.  Spanning high level business themes including integration, buyer / supplier relationships, sustainability and risk, ‘buying and paying’ departments will lead organisational efforts to address business imperatives with immediately addressable and enormously impactful changes.

Integration and fragmentation
Tightened economic conditions and a constant drive for efficiencies over the last few years have produced leaner, flatter organisations which have, in turn, led to increased collaboration and functional alignment within businesses.  However at the same time, business ‘service centres’ including finance and procurement have devolved responsibilities within the organisation.  While finance teams control policy and governance more tightly than ever before, the responsibility for some areas of cost management has disseminated to individual lines of business.

This simultaneous integration and fragmentation of processes spans all company operations and will be a major business challenge over the next decade.  Finance and procurement departments will be in the front line, taking a lead in identifying and enabling business strategies.

The requirement for organisational alignment within increasingly devolved processes goes right up to board level.  Basware CFO and CPO research in June and November 2009 found that businesses with high levels of both automation and integration within finance and procurement functions saw decision-makers’ satisfaction that the procurement function achieves strategic goals increase by 15.2% .

Buyer / Supplier Relationships
The market downturn is fuelling a deep drive for integration and interaction.  All companies will work harder to connect with others in their supply chain on a much more fundamental level.  Consolidation across all of the major global industries has demonstrated a desire for closer interoperation between suppliers and buyers, and finance and procurement departments will find themselves at the forefront of this drive for integration.  We are already seeing the rise of scalable and open supply and payment networks and their ability to speed up the movement of documents in the form of invoices and POs between organisations will remain compelling.  These networks will grow in dominance over the next few years to enable supplier discovery, the negotiation of favourable terms and faster payment – helping companies expand their global reach.

Risk
The last few years have reminded many that growth in business comes as a result of carefully balanced risk, and the finance and procurement departments will be viewed in the coming years as a key function in mitigating unnecessary risks.   Delivering to this expectation will require greater visibility of the entire purchase-to-pay function and supply chains as well as increasingly connected purchase-to-pay processes. Identifying early warning signs of weakness in the supply chain will help businesses mitigate risk while having better visibility to spend allows them to improve cash management and take advantage of flexible payment terms such as dynamic discounting.

Sustainability
If it wasn’t already, the Conference of Parties summit in Copenhagen (COP15) will ensure that sustainability is put firmly on the agenda for every department of every business.  Sustainability for the procurement department will include a requirement for service and product providers to ensure sustainability in the supply chain, and for the finance teams, ‘global impact’ will begin to feature prominently in tenders.  On a practical level, the environmental spotlight will fall upon individual processes within the finance department, increasing the appeal of more sustainable practices such as e-invoicing to replace traditional paper-based workflows.  Moving 200,000 invoices per year from a paper process to e-invoicing saves enough energy in the paper manufacturing process alone to power 105 40w light bulbs 24/7 for a whole year.

Basware’s Steve Muddiman said: “The last couple of years brought a game change for business, but we enter the new decade with a clear view of the work needed to ensure organisations can thrive within evolving market conditions.  Business critical finance and procurement departments are finding themselves thrust to the fore, leading the way in devising and implementing new processes, technologies and workflows.  In stepping up to the challenges the new decade brings, these ‘buying and paying’ departments will find that they achieve a much more strategic role in the success of their organisation, breaking away from their old perception of an internal service team.”

www.basware.com

This article is from E-invoicing Platform. Read the original post at: ‘Finance and procurement departments to take the lead’.

The partnership will allow Perceptive Software to offer e-invoicing and seamless alignment with its ImageNow Workflow solution.

Perceptive Software customers will be able to receive electronic invoices from their suppliers via the OB10 network and can further streamline invoice processing by receiving accurate invoice transaction data electronically directly from the supplier in real time. This eliminates the need for scanning or data entry and creates “no-touch” invoice processing.

“ImageNow offers an extremely versatile solution for accounts payable departments,” said Thayer Stewart, OB10 vice president for marketing and business development. “It supports all ERP environments and features the ability to be hosted or installed locally, which satisfies the needs of a wide range of organisations. We are excited by the partnership with Perceptive Software and believe their strong customer focus will pay dividends to both organisations.”

“Perceptive Software is pleased to partner with OB10,” said Darren Knipp, chief technology officer, Perceptive Software. “Perceptive Software and OB10 have similar integration philosophies. OB10’s e-Invoicing capabilities will be a key addition to our Back Office ECM offering, integrating seamlessly with ImageNow Workflow key addition to our Back Office ECM offering, integrating seamlessly with ImageNow Workflow.”

www.ob10.com
Source: www.onwindows.com

This article is from E-invoicing Platform. Read the original post at: OB10 joins forces with Perceptive Software.

Basware, the leading provider of purchase to pay solutions, today announced it has been awarded the Financial-i annual Leaders in Innovation Award for its e-invoicing services. The awards will be featured in the Q4 2009 edition of Financial-i later this month, highlighting the leading providers of financial services and technologies that are at the forefront of innovation.

Basware received the recognition for its pioneering Connectivity Services which enable suppliers and buyers of all sizes and maturity to transact electronically, sending and receiving e-invoices and purchase messages.  Basware are the leaders in network inter-operability, and have transformed the way businesses approach e-invoicing projects.

Characteristics
Organisations that use Basware Connectivity services are able to exchange e-invoices and purchase messages electronically with suppliers of all sizes using Basware Business Transactions.  In turn, the solution enables suppliers to key-in invoices, receive orders electronically, send order confirmations as well as upload and create electronic catalogues via Basware Supplier Portal.  The services are supported by an outsourced Basware Supplier Activation service to communicate with the suppliers, assist and activate them to connect to the buyers’ purchase to pay process.

Past winners of the Leaders in Innovation Awards include financial hardware and software vendors and global transaction banks that have excelled in the past 12 months in terms of innovation in business solutions across wholesale transaction banking encompassing Treasury & FX, securities services, data management, risk management and network services.

“Post-crisis, now more than ever before, firms are looking for business solutions that provide a much quicker return on investment and do what they actually say on the tin,” said Anita Hawser, editor of Financial-i.  “In selecting winners in each category we have tried to focus on those companies we and our advisory panel believe have that little something extra that makes their solutions stand out from their competitors in terms of depth and breadth of functionality, ease of implementation and support and solutions that are not looking for a problem to solve, but actually address real business needs.”

Selection criteria
The organisations that were originally shortlisted for the awards were selected based on research by Financial-i journalists and independent analysts as opposed to self-nominated.  An advisory panel made up of analysts, consultants and market practitioners reviewed the short list to select the winners in each category.  Financial-i stressed that the Leaders in Innovation Awards specifically recognised companies that demonstrate an ongoing commitment to innovation. “To receive such a prestigious award is a reflection of our hard work and high level of commitment to delivering solutions that make a real and tangible improvement to business productivity,” said Matt Lees, MD at Basware UK. “As cash-flow management takes increasingly higher priority on CPO and CFO agendas, automation of the invoice handling process can help organisations increase savings by eliminating errors, speeding up processing and lowering workloads for improved productivity. We’re honoured to be recognised for our innovation and to be counted among the world’s leading innovators in e-invoicing solutions.”

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware named Top e-invoicing Innovator at Financial-i Awards.

E-invoicing enables businesses to eliminate the paper, printing and postage costs associated with traditional billing, and also removes manua points of failure.

Ryan Harvey, finance manager at Tesco’s service centre in Bangalore said that Tesco’s existing invoicing process has too many points of failure The company has switched to an e-invoicing service provided by OB10.

“This is because as all invoices are currently scanned from the UK and keyed in Bangalore and so the data integrity and control that OB10 brings is crucial.”

“We are also a growing international business and a key requirement was for a solution that we could scale across our Group in the future without significant growth to the Accounts Payable team; OB10 meets this requirement.”

E-invoicing basics
E-invoicing is an alternative to Electronic Data Interchange (EDI) as a method of dealing with supply payments electronically.

E-invoicing uses the internet to connect businesses with their suppliers and automates the processing of invoices in accounting systems. It speeds up payment times, improves the information in ERP systems, reduces the human resources required and eradicates inputting errors. It also cuts postage costs and reduces waste paper.

The technology is moving to the mainstream as the European Commission pushes it as part of its drive to cut costs in supply chains. The Corporate Action on Standards project, set up by the European Payments Council, said that e-invoicing allows companies to cut the average EUR30 cost of processing a paper invoice by 80%.

In 2007 logistics company DHL rolled out e-invoicing across Europe, and expects to save millions of pounds by reducing billing costs by at least 15% across the region.

www.ob10.com

This article is from E-invoicing Platform. Read the original post at: OB10 helps Tesco to eliminate paper invoicing.

Strategy update: Interesting new opportunities in the market  -  new offerings and long term targets.

Basware has updated its strategy for 2010-2012. The Basware Responsive Strategy framework allows the company to act with agility and sensitivity based on the company’s situation, market trends and other changes. The Responsive Strategy framework includes follow-up and analysis of internal and external trends as well as the company’s vision, mission and operating principles. Basware’s operating principles comprise of the company’s values, corporate governance and responsibility.

Objectives – Global leader in Invoice automation, Procurement and e-invoicing

The company aims at maintaining its position as a leading global supplier of invoice automation and procurement solutions.  Invoice automation growth is strongly supported by a new mid-market SaaS (Software as a Service) “pay as you go” -offering to selected high potential markets.

Basware aims also to become a leading company in e-invoicing worldwide. E-invoicing and supporting Connectivity Services are now targeted to connect suppliers and buyers also outside of Basware’s existing software customer base leading into a higher potential.

The company’s long-term target is to grow annually more than 50% in SaaS, Connectivity Services and e-invoicing. SaaS, Connectivity Services and e-invoicing are scalable models and offer an increasing profit potential in the long run.  The company’s long-term target is to grow annually more than 10% in License Sales, Maintenance and Professional Services. The target for operating profit margin is between 10% – 20%.

Geographical growth

The regional focus for Basware remains unchanged with following adjustments. All regions will have a centralized organization for increased efficiency during this strategy period. In all regions the high growth of e-invoicing is supported with a wide range of connectivity activities.

The North American segment is strategically the most important, and the company focuses mainly on direct sales development in this market. As new focus areas in the North American market, the company will target several new industry segments. For mid market Invoice automation growth a new SaaS “pay as you go”-  offering is introduced.

In Central Europe, the UK, Germany and France will continue as the strategic growth markets.  Medium-sized businesses are approached also with SaaS with a new “pay as you go” -offering. The Northeast segment, covering the functions in Finland and Russia, will focus on Russia in terms of growth. Finland will maintain a solid position in the company’s business with high profitability.

In the Scandinavia segment (Sweden, Norway, Denmark), profitable business growth will continue. Services offered to the current customer base will be reinforced in both the Scandinavia and Northeast segments.

In the Asia-Pacific segment, growth will focus on developed market areas in the short term, such as Australia, and also other markets in the area in the longer term.

During the next few years, the company will reinforce its direct sales operations and develop its partnership network towards a few strong partnerships.

Basware will continue expanding its Indian unit, which will improve the scalability, flexibility and efficiency of product development, for instance, and balance costs.  During the next two years, the number of personnel (including product development and other functions) is expected to more than double.

Business operations

Basware’s business operations consist of License Sales, Maintenance, Professional Services and Automation Services (e-invoicing, Connectivity Services and SaaS).  They comprise of the Basware Enterprise Purchase to Pay (EPP) product family and financial administration products.

Basware has further expanded its Automation Services offering with additional functionalities in, e.g., e-invoice service, supplier management and scan and capture services.  Automation Services solutions are used in all market areas. The purpose is to increase the automation rate of customers’ functions and improve transparency and predictability of profitability throughout the purchase to pay process.  Basware is one of the key drivers in transformation of purchase and invoice messages to fully electronic processing.

According to Basware, internal processing of paper invoices in companies will become obsolete. In practice, from the customer’s point of view this means that customer companies are able to outsource and automate functions that they have previously performed in-house.

The company’s target customer group will be expanded in selected markets by productizing the offering to better serve the small and medium-sized customers with the SaaS distribution model.

Business acquisitions

The company continues to actively screen potential acquisition targets. These include the strategic segments and the expansion of Automation Services in particular.

www.basware.com

This article is from E-invoicing Platform. Read the original post at: Basware strategy update for 2010-2012.

StreamServe, Inc., a leading provider of business communication solutions, today announced that independent research firm, Forrester Research, Inc., positions StreamServe as a “strong performer” across all categories in its June 2009 report, “The Forrester Wave™: Document Output for Customer Communications Management (DOCCM), Q2 2009.”

Forrester defines DOCCM as software used to compose, format, personalize and distribute content to support physical and electronic customer communications and improve the customer experience. Examples of customer communications include policies, contracts, correspondence, statements, invoices, personalized marketing materials and welcome kits. The DOCCM market is segmented into structured, interactive and on-demand categories. StreamServe is one of the vendors in the report positioned consistently as a “strong performer” in all three of these segments. Forrester states in its report that:

“StreamServe has an open and flexible front end with strong post composition, output management, and production management. It’s a dominant player in the energy, utility, and supply chain segments, and also has strength and a growing presence in financial services.”

The report also states that “StreamServe excels at integrating DOCCM into structured and enterprise apps to leverage their work processing…”

“Enterprises today require flexible output solutions that empower business users, support multichannel output, personalize content, and provide rapid return on investment,” said Dennis Ladd, StreamServe president and CEO. “There is also a growing need for these solutions to aid in the overall customer experience. We are pleased to have received such strong recognition from Forrester as a provider of proven solutions that meet the needs of businesses in all categories of customer communications.”

A complimentary webcast featuring Craig LeClair, Forrester Principle Analyst and co-author of the report, can be accessed by registering here: http://is.gd/1kgzs.

About StreamServe™
StreamServe is a leading provider of Enterprise Document Presentment solutions that set the standard for business communications. Simple to deploy and maintain, the company’s dynamic composition, document process automation and enterprise output management solutions meet the demanding challenges of today’s global businesses for producing and delivering highly customized documents in any format.

StreamServe’s advanced software solutions ease the process of composing and automating business communications, enabling organizations to increase the value and profitability of their business relationships. This is done all while leveraging existing business applications such as ERP, CRM and ECM.

The company was founded in 1997 and is headquartered in Burlington, Mass., with 14 offices worldwide. StreamServe serves more than 5,000 customers in 130 countries, primarily in the financial services, utilities, manufacturing, distribution and telecom sectors. Customers include BMW France, CLP Power Hong Kong, Plantronics, and Siemens Financial. StreamServe’s strategic partners include Adobe Systems, IBM, InfoPrint Solutions Company, Lawson, and SAP.

To learn more about how StreamServe’s EDP solutions can improve the effectiveness of your organization’s communications, please visit us online athttp://www.streamserve.com. Follow StreamServe on Twitter at: http://twitter.com/StreamServe.

This article is from E-invoicing Platform. Read the original post at: Analysts position StreamServe as a “Strong Performer”.

ING strengthens focus on electronic invoicing with Anachron After raising its stake in Billington to 100%, ING has now also increased its interest in Anachron, a specialist in the field of electronic invoicing. ING expects the majority of European companies to switch to electronic invoicing within the next five years.

The increase in ING’s stake in Anachron to 30%, as well as the strengthening of the cooperation between its Billington unit and Anachron, illustrate the vision ING has for the future and the role it sees for electronic invoicing in the payments sector. Anachron is one of the top European companies in this rapidly developing market and its expertise makes it a very important partner. The cooperation builds on the activities already developed by the two parties in the field of electronic invoicing and will look at opportunities for their further expansion on the European market through ING’s national and international network.

ING foresees strong growth in the electronic invoicing market. “Within the next five years we expect the majority of European companies to use electronic invoicing,” said Robert Heisterborg, responsible at ING for corporate payments in his capacity as Global Head of Payments and Cash Management for ING Wholesale Banking.”The agreement reached this week between the Confederation of Netherlands Industry and Employers (VNO-NCW) and Dutch SME employers’ organisation MKB-Nederland with the Deputy Ministers of Economic Affairs, Finance and the Interior confirms the expectation that electronic invoicing is going to be the norm.”

Market growth for ING unit
Billington and Anachron ING benefits from the combined forces of its Billington unit and Anachron. Billington is a full-service provider of electronic invoicing solutions for the corporate (B2B) and consumer markets. Anachron is specialised in developing electronic invoicing solutions which are made available through the internet. “We have been developing solutions for e-invoicing since 1999. Via our customers’ websites we present invoices with interesting functionality that optimise both the outgoing and incoming flows of invoices. This makes it possible for customers to consult the e-archive at any given time, providing them not only with information on the status of their invoices but also with the ability to answer customer questions quicker. It also allows recipients to retrieve invoicing data automatically in their own system, creating important cost savings for them too. Used in more than 25 countries, our e-billing solutions are of course completely compliant with all EU regulations. We elected to join forces with ING because of the international network of ING Payments & Cash Management and its leading position both in the Netherlands and abroad,” said Anachron CEO Frank Hoekstra.

Facilitating payments is one of ING’s core activities. Combining its knowledge of payment processes with innovations in the field of electronic invoicing, ING offers a complete range of products from invoicing to payments. This makes ING even better positioned to benefit from a large portion of expected market growth.

Advantages of e-invoicing
Robert Heisterborg: “For companies the advantages of electronic invoicing are quicker payments and better working capital management, on top of the cost savings provided by the transition from manual paper invoicing to automated e- invoicing. Invoices can also be paid automatically.” At the same time, consumers also benefit from electronic invoicing. Heisterborg: “Consumers get their own archive containing all their important invoicing information and an electronic expenditure book providing easy-to-access product information. It’s a simple way to pay invoices.”

This article is from E-invoicing Platform. Read the original post at: Increased stake in Anachron illustrates ING’s vision for the future.

As Supply, Logistics en Service (SLS) manager, Voestalpine Railpro delivers an integrated total package for the Dutch railway. Railpro operates in the new development-, breakdown- and maintenance market. 

The solutions of TIE Kinetix improve the quality of the service and establish cost savings.

“TIE is looking forward to support Voestalpine Railpro with the introduction of Business Integration based on EDI in de railway construction and maintenance sector. EDI is new in this sector and Railpro can build on the knowledge and experience of TIE, obtained in other sectors. With this collaboration, TIE enters a new market, in which many potential customers can profit from the TIE solutions in combination with the GS1 standards.”, says Jan Sundelin, CEO of TIE.

Source: Euronext

This article is from E-invoicing Platform. Read the original post at: Voestalpine Railpro selects TIE Kinetix Business Integration Platform.

As of this week, senders of Digitale Nota who are serviced by Billington, can also reach their customers who are using the Postbank internet banking environment (mijnPostbank.nl). By connecting ING with the 3 main Biller Service Providers, the Digitale Nota is now fully operational and there is no reason anymore not to realize a full scale roll-out of the Digitale Nota. The number of senders is now expected to grow rapidly.

“Because of this milestone, we expect that organizations will make the step towards implementing the Digitale Nota and offer it to their customers very soon. The market will grow exponentially and competition will be fierce. But Billington, being a 100% subsidiary of ING, is ready for this”, says Job van Luyken, Managing Director of Billington.

For more information: www.billington.nl

This article is from E-invoicing Platform. Read the original post at: ING connects to the Digitale Nota via Billington.

As pressure mounts on organisations to be more “green” in their business operations and the continuous drive for greater efficiencies, eBilling is set to change the way companies send invoices to their customers. The market for eBilling solutions is expected to have massive growth in the next few years so Anachron and zumzum have forged a strategic partnership to capitalise on the UK market.

“Having reviewed over 50 eBilling providers across Europe it became very clear why Anachron is in the top 3 eBilling solution providers in Europe” explains Bashrat Din, Managing Director of zumzum. “Anachron is the only vendor that has solutions for large billers through to very small companies. The particular expertise demonstrated by Anachron in the B2B eBilling sector, the advanced set of features and the total commitment to quality of service means that Anachron is ideally positioned to increase their market share across Europe. We are very excited to be working with Anachron to increase their footprint in the UK.”

Continued Bashrat Din, “Anachron established the business in 1999 so is a survivor of the dot com meltdown, but not just survived but prospered by accumulating a very impressive set of reference customers. The investments Anachron has made in technology means that they are unique with a total set of solutions for both the Biller-direct model, which is well suited to large accounts and also the Biller-Consolidator model (Ingis) targeting the SME market. This latter solution is as a result of an investment made in Anachron by ING bank so this is an example of the very creative partnerships Anachron is capable of developing.

“From our very first contact with Anachron we have been incredibly impressed with the people at Anachron, and they constantly demonstrate a creative and flexible approach to partnering. They are just great people to be working with and we are delighted with the early results we are achieving” concluded Din.

Source: www.anachron.com

This article is from E-invoicing Platform. Read the original post at: Anachron and zumzum launch eBilling Software-as-a-Service (SaaS) in the UK.

Anachron, the leading e-Billing supplier in Europe, was selected by Multi Service Europe to develop an e-Billing solution for Multi Service Europe. The e-Billing application is integrated within the online customer portal of Multi Service Europe.

Rutger Gassner, Managing Director Multi Service Europe explains the reasons for e-Invoicing: “Multi Service Europe delivers customized solutions for billing and payment systems in the transportation industry throughout Europe. Our customers can view and download detailed information regarding their transaction online within our customer portal. In order to enhance our customer service even more we decided to implement a solution to present invoices online within our customer portal. Sending invoices the traditional way throughout Europe led to a delay of an average 5 days. We definitely knew that we could optimize this process, so that our customers would have all the relevant information simultaneously at one online location”.

Anachron was delighted to be chosen to develop the e-Invoicing portal. Anachron is known for their cutting edge functionalities and fast implementation periods. The e-Billing application is integrated within the customer portal of Multi Service Europe. Multi Service Europe generates a PDF of the invoice within their business application. Anachron receives the PDF via a secured line. The PDF is then signed with the advanced digital signature so that requirements of the Sixth EU VAT Directive are met.Erik van Os, Project Manager Multi Service Europe continues on the solution: “The e-Invoicing solution results in a direct and indirect cost reduction. We will experience a direct cost reduction because of a decrease in paper usage, printing and handling. Indirectly we will experience faster customer payments as our customers have immediate and direct access to their invoices and related information. This also enables our customers to invoice their customers even faster. The extra benefits for our customers are the easy access to information as they can view invoices from any location and have an online archive for the complete legal period”.

The e-Invoicing application includes a management console that is especially developed for Multi Service Europe to monitor all web actions of the customers. Authorized employees can access the online archive and create and manage user accounts for the e-Invoicing application.

Rutger Gassner concludes: “The e-Invoicing solution is an important step for Multi Service Europe as we can present our invoices immediately throughout Europe. We chose to work with Anachron as our service provider because of the extended experience with e-Invoicing in Europe. Our e-Invoicing solution complies with the EU regulations and is available in multiple languages. By the end of December 2008 all customers can experience the added value of the e-Invoicing platform”.

Characteristics of the solution:

• Online presentation through IFrame
• Signing PDF file with the advanced digital signature
• Sorting functionality
• Notification e-mail
• Multi-lingual & multi-currency
• Online archive for customers and MSE employee
• Management Console

Source: www.anachron.com

This article is from E-invoicing Platform. Read the original post at: Anachron solution helps Multi Service Europe to start e-invoicing in Europe.

About OB10
OB10 provides an end to end business service, that streamlines the complex invoice-to-pay process. Neither client organisations nor their suppliers are required to implement any hardware or software, and OB10 is independent of data formats.  OB10 can reduce the cost of paper invoice processing by typically 60 percent and can deliver an ROI in less than one year. OB10 is VAT and tax compliant across Europe, North America and Asia and exchanges invoices between several thousand companies globally. To ensure unrivalled and rapid supplier enrolment, each new customer’s suppliers are supported by a best practice implementation services team responsible for getting them up and running on the OB10 network.

Customers of OB10 include: Agilent Technologies, Barclays, BP, Cargill, DHL, DSG International, Eli Lilly & Company, East Riding of Yorkshire, Fisher Scientific, General Motors, GlaxoSmithKline, Hewlett Packard, IBM, Imperial College, Kellogg’s, Logica, Mohawk Industries, Norwich Union, SaraLee, Shaw Industries and Steria.

More information:

OB10 Ltd
Melbourne House
46 Aldwych
London (UK)
WC2B 4LL

T  +44 (0)870 626 5214
W  www.OB10.com
E info@OB10.com

About the EEI Platform
The EEI Platform’s main objective is to support the penetration of electronic invoicing and automated invoicing in Europe in order to enable anyone to benefit from the great advantages that it offers. The EEI Platform focuses on the activation of individual companies, trade associations and the public sector to apply electronic billing and payment.
In addition, participants will achieve results on publicity, penetration of electronic invoicing, standardization, accreditation and promotion of the participants. EEI Platform is a variant of the Dutch Electronic Invoicing Platform (ELFA), a grouping of organisations in the Netherlands that play an important role in the implementation process, as well as substantive information, news, background and developments in the fields of electronic invoicing.

Participation in the EEI Platform
Participation in EEI Platform is not only for providers of electronic invoicing and automated invoicing. Participation is also open to users, public institutions, educational institutions and industry associations. Moreover, organizations whose activities border to electronic billing services -such as credit organizations and financial institutions- are also invited to join.

Visit www.eeiplatform.com for more information. Here you can check the latest European news, the EEI Platfom Business Case and the subscription form

This article is from E-invoicing Platform. Read the original post at: OB10 chooses to join the EEI Platform.

- Anachron

- Isis Papyrus

- OB10

We welcome these three well respected companies, active in the e-invoicing and e-billing market, to the expanding group of EEI Platform Founding Partners. 

Click here to view the current list of Founding Partners

To read more about how to become a Member of the EEI Platform, please dowload the documents below:

BUSINESS CASE

SUBSCRIPTION FORM

This article is from E-invoicing Platform. Read the original post at: Three more organisations become EEI Founding Partner.

French Billing Service Provider b-process announced a strategic agreement with Accenture Supply Chain Services (ASCS) to standardise ASCS’ electronic invoicing services across the globe. It covers a deal to standardise e-invoicing processes on b-process’ billManager™ platform across 20 countries worldwide.

b-process’ electronic invoicing platform, billManager™, was selected following the completion of a rigorous tender process by ASCS, designed to select a platform and support capable of providing tax-compliant e-invoicing services across the globe which is also tailored to meet country specific legal requirement.

Currently supporting over 1,000 clients in Europe including American Express, the leading global payments, travel company, Eurocopter, leader in civil or military helicopters transport, Aoste Group, France’s leading meat wholesaler, and Crown, leading supplier of packaging products, b-process is Europe’s largest e-invoicing provider.

b-process’ billManager™ is an ASP platform for electronic invoicing and payments offering tax compliant e-invoicing designed for companies managing a large number of invoices in emission and/or reception mode. The solution offers companies an integrated e-invoicing service covering legal and fiscal compliance, data traceability, invoicing and trade process optimisation, payment and electronic finance.

billManager™ quickly and effectively handles invoices from emission to payment, thus reducing costs traditionally associated with the handling of invoices (generation, delivery, routing, reception, follow-up, accounting treatment, follow up, query handling, archiving,…) by up to 60%. billManager™ modules can also integrate complementary functionalities such as invoice reconciliation, dispute handling, legal archiving and online payments.

More information:
www.b-process.com

This article is from E-invoicing Platform. Read the original post at: b-process and Accenture announce strategic partnership.

About the EEI Platform
The EEI Platform’s main objective is to support the penetration of electronic invoicing and automated invoicing in Europe in order to enable anyone to benefit from the great advantages that it offers. The EEI Platform focuses on the activation of individual companies, trade associations and the public sector to apply electronic billing and payment.

In addition, participants will achieve results on publicity, penetration of electronic invoicing, standardization, accreditation and promotion of the participants. EEI Platform is a variant of the Dutch Electronic Invoicing Platform (ELFA), a grouping of organisations in the Netherlands that play an important role in the implementation process. as well as substantive information, news, background and developments in the fields of electronic invoicing.

About AdValvas Europe
For more than a decade AdValvas has been developing software solutions for sending and receiving electronic invoices. In this period, many large parties have become convinced of the product qualities of AdValvas Europe, which for instance designs modular solutions for incoming and outgoing e-invoices or scanned paper invoices. AdValvas also focuses on e-Business and e-Documents and has already been of value for the Royal Bank of Scotland and the Belgian government.

More information:

Derbystraat 23 B
B-9051 Sint-Denijs-Westrem (Gent)
Belgium

E:  info@advalvas-group.com
T: +32 (0)9 241 87 87
F: +32 (0)9 241 87 80
www.advalvas-group.com

Participation in the EEI Platform
Participation in EEI Platform is not only for providers of electronic invoicing and automated invoicing. Participation is also open to users, public institutions, educational institutions and industry associations. Moreover, organizations whose activities border to electronic billing services -such as credit organizations and financial institutions- are also invited to join.

Look at www.eeiplatform.com for more information. Here you can check the latest European news, the EEI Platform business case and the subscription form.

This article is from E-invoicing Platform. Read the original post at: AdValvas Europe Founding Partner of EEI Platform.

The TIE Digital Channel Management solution (DCM) will enable Siemens to manage and distribute their marketing and sales information real-time to their worldwide indirect sales channel. Starting with a pilot phase in the US, UK, Germany and Spain, Siemens will connect a selection of their major partners to the DCM system. After a successful pilot it will become a key part of the worldwide indirect partner program.

“By working with TIE and their DCM system we believe we will offer real value to our channel partners. The partners can simply provide the information regarding Siemens solutions, quickly, easily and without having to have specialist marketing skills or any burden of keeping information up to date. The potential for our partners to run, ready branded, targeted campaigns at the click of mouse is very exciting”, said Adrian Honey, Director of Global Indirect Channel Marketing. “From a Siemens perspective we reduce the time to get information into the market and are obviously pleased that accurate, complete and up to date information about our products and solutions is available to the market and is being actively promoted by our partners”.

“Siemens really understands the value of getting their marketing and sales content fast and easy into the worldwide market and recognizes the power of the TIE technology” says Jan Sundelin, CEO of TIE. “By using the TIE DCM system, Siemens will be able to reduce their costs and increase the Marketing reach for Siemens and their channel partners”.

Source: TIE

This article is from E-invoicing Platform. Read the original post at: Siemens Enterprise Communications GmbH selects TIE DCM for global trial.

Above all, the advantage is to easily expand your professional network by adding people with the same level of interest in e-invoicing e-invoicing, credit management, payments and financial software .

Join the group by clicking this link (or the logo below) and enlarge your professional network!

This article is from E-invoicing Platform. Read the original post at: Get connected in our LinkedIN group.